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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 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 68 - 01/04/2016
government will have to agree to in order to conclude the current bailout review. Bank deposits fall... at an accelerating pace of 3.8 percent. Retail volume also declined by 2.2 percent. The fall... fall flat on their faces, SYRIZA leader Alexis Tsipras somehow thought it would be a good idea
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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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Newsletter 89 - 23/09/2016
percent to 12.11 million in the first seven months, while the fall in the average expenditure per trip.... The downswing in July reflects a fall in manufacturing turnover by 6.1 percent. The turnover..., dropping by 5.3 and 6.7 percent, respectively. The downswing in July reflects a fall in manufacturing
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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 99 - 09/12/2016
. The breakdown of the November CPI showed the most notable fall was posted in clothing and footwear (-4.1 percent) followed by household equipment (-2.9 percent). The 1 percent fall in the core index...-term debt relief proposals fall well short of what Tsipras was seeking to achieve
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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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