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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomystraight month. Overall, Markit analysts concluded that “the fall in demand for Greek goods, from
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Industrial turnover dives by 15.3 pct in April in fourth straight double-digit decrease
EconomyMacroeconomylargely on the back of a solid drop in new order intakes and output. Markit analysts noted that “the fall
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PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment
EconomyMacroeconomydropping in the past five years. Markit analysts concluded that the June survey “signalled stabilising
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomyoccurring in the second-half of 2016 seems slim,” its analysts said. The Greek economy experienced
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PMI picks up to 50.4 in August, new orders grow for first time in two years
EconomyMacroeconomyin August for the twenty first consecutive month. Markit analysts concluded that “August survey data
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Newsletter 86 - 02/09/2016
was the sharpest since July 2014. Markit analysts stressed that the August figures provide some promising
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Greece’s embattled commercial steel market industry braced for more challenges
EconomyFeaturesyears. Analysts have noted that recent resumptions in major construction concession projects did
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PMI slips to contraction territory in September on lower production and new orders
EconomyMacroeconomylead times were kept stable within September. Markit analysts concluded that “the performance
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Industrial production down 0.3 pct in Aug for first fall since Mar
EconomyMacroeconomycontraction. Markit analysts noted that all signs point towards a more severe slowdown in the last
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Athens mulls Erdogan comment on Aegean islands, sees Cyprus talks dragging on
PoliticsForeign Policy.” According to analysts, it is clear that Erdogan is protesting about the Aegean islands
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