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PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 1.5 points to 48.2 in April from 46.7 in March, Markit’s survey revealed on Tuesday. The April headline figure is the highest reading since December. It was also the eighth sub-50 reading. The latest downturn reflects a continued drop in new orders, further drop
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Economic sentiment down 1.7 pts in May, consumer confidence up for second straight month
EconomyMacroeconomy, bringing the year-to-date drop to 23.4 points. Industry confidence fell by 4.8 points to -10.4, which... drop of 11 points in February. In contrast, the services confidence indicator rebounded
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CPI up by 0.9 pct in July to mark fourth consecutive rise
EconomyMacroeconomyearly in 2018 with negative readings of -0.2 percent in January and March, with January’s drop...). The month-on-month drop of 1.8 percent is attributed mainly to the decrease by 25.7 percent in clothing
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Trade deficit up by 7.8 pct in February
EconomyMacroeconomyGreece’s trade deficit increased by 7.8 percent year-on-year (YoY) in February compared to a drop of 9.8 percent in January, data from the Hellenic Statistical Authority (ELSTAT) released on Tuesday..., recording a drop of 2.1 percent compared to the same month last year. A breakdown of the figures
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Industrial production up by 3.9 pct in Aug as rare monthly contraction is recorded
EconomyMacroeconomydecline in production at the end of the third quarter, as continued drop in new orders led to a solid drop in output.
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Unemployment rate edges up to 9.9 pct in July
EconomyMacroeconomycompared with the same month of 2023, amounting to 465,167, an 11.8 percent drop. Unemployment... last year saw 28,761 more hires, a year-on-year drop of 4,800 jobs. For the first half of 2024
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Building permits maintain recovery, up 12.5 pct YoY in Sep
EconomyMacroeconomyvolume was also down by 7.6 percent. The largest regional drop is in Epirus in northwestern Greece... drop of 4.3 percent. The European Commission’s latest business sentiment indicators for November
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Deposits rise by 2.13 bln in March, up to 209.75 bln
EconomyMacroeconomyPrivate sector deposits rose in March, with a net inflow of 2.13 billion euros, after a drop of 440 million euros in February, according to the latest Bank of Greece (BoG) figures released... a 506-million euros drop in February.
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Newsletter 118 - 12/05/2017
in its winter forecast released on February 13. The drop is attributed to the negative carry-over... point to net hirings of 125,770, up by around 1,000 from last year’s figure of 124,465. This year’s... this week and Prime Minister Alexis Tsipras was due to take up the issue with IMF managing director
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Producer prices skyrocket by 48.8 pct in Apr as energy products shoot up by 90 pct
EconomyMacroeconomyGreece’s Producer Price Index (PPI) recorded another explosive rise in April, shooting up by 48.8.... The index was in negative territory for most of 2020 and up until March 2021, when it grew annually... products by 19.7 percent. Goods sold to the foreign market were up by 50.9 percent, with refined
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