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Greek PMI falls to 49.4 in June, lowest since November 2013
EconomyMacroeconomyamid a slight fall in new orders, while employment saw a renewed decline. In addition cost inflation ticked up to a 10-month high, but factory gate prices continued to fall. The rate of growth... the crucial 50.0 mark in June, dragged lower in part by slower growth in output. A slight fall
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Greek manufacturing PMI virtually unchanged in Feb as uncertainty bites
EconomyMacroeconomydecreases in both output and new orders, stronger growth in employment, slower fall in stocks..., while there was a marked fall in inventories of finished goods as manufacturers adjusted to lower... to the unusually bad weather. The input costs rose in February, partly offsetting the fall recorded
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Newsletter 29 - 05/06/2015
medicines, food and hotels, while all other products and services would fall under the existing higher... unchanged at 25.6 percent in March, but the number of employed Greeks continued to fall. The latter figure... of employed Greeks fall by 16,100. Manufacturing up, orders down Greece’s Manufacturing PMI rose
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Newsletter 39 - 21/08/2015
income surplus by 89 million. June balance is down 20 percent year on year. Industrial index fall... 2009. June’s fall is fully attributed to a 13.9 percent fall in manufacturing. Headline figure in June
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Growing hopes that Greek recession will be milder than expected
Economycontract around 1.5 percent in Q3 and 3.5 percent in Q4. This results in a GDP fall of 0.7 percent..., though, that the bank expects a bigger decline in 2016, when it believes GDP will fall by 2 to 3... provided its latest economic forecasts. Its quarterly review report predicted that GDP would fall
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Newsletter 63 - 19/02/2016
to change that. Consumer price fall accelerates The fall in the Greek Consumer Price Index (CPI... decline. Fall in apartment prices eases Greek apartment prices decreased by 5.4 percent in the fourth
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Newsletter 76 - 03/06/2016
revised 7.6 percent fall in February. The March figure means that the index has been falling for 10 months... that the “haves” pay their fair share and that the cost of adjustment does not fall mostly on the “have nots... the top income groups saw their income fall by much less (9.3 to 11.7 percent). What credibility can
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Travel receipts drop 9.2 pct in Aug, dragging balance down 10.6 pct
EconomyMacroeconomyat an accelerating pace of 9.2 percent from a 3.5 percent fall in July, Bank of Greece (BoG) figures showed.... The 8-month travel surplus retreated 8.8 percent to 8.43 billion euros. The ongoing fall in travel revenues... of non-licensed accommodation. As a result, 2016 travel receipts will likely fall below last year’s
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Newsletter 124 - 23/06/2017
positive signs after deterioration in March The improvement in the headline figure is from a fall... of Greece (BoG) figures showed. The improvement in the headline figure comes from a fall... was reduced by 250.6 million to 2.99 billion euros, reflecting the fall in the good’s deficit along
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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyorders continued to fall slightly in June. The growth in orders led to the first increase in output... and leading to a fall in the rate of unfinished work. Despite this, firms marginally reduced input... growth in June and will raise hopes of a further fall in the country’s substantial unemployment rate
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