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Manufacturing growing at steady pace despite supply chain, inflation issues
EconomyMacroeconomydemand as the pandemic ends. Nevertheless, output growth was affected by near record deterioration... prices remain a concern, with transportation delays and material shortages leading to unprecedented rise... in production”, commented Markit analysts. "Transportation issues and material shortages led input costs
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PMI grows in July, but supply chain issues and price pressure come to fore
EconomyMacroeconomyin output and new sales remain near historic highs, Markit notes. The latest data is the third... material shortages and competitive pressures as selling prices had to rise following input price... of material shortages became more widespread,” commented Markit analysts. “At the same time, goods producers
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Material deprivation rises, while poverty risk drops slightly
SocietySevere material deprivation continues to rise in Greece across populations classified as poor... lack of at least four out of nine material deprivation items. The corresponding percentage for 2015 was 22.2 percent and 21.5 percent in 2014. The figure stood at 11.0 percent in 2009. Material
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Newsletter 279 -13/11/2020
a near-certainty in light of slow progress on New Democracy’s flagship pension reform policy... largely to higher raw material costs, especially steel, and greater transportation fees. Despite rising... the further deterioration in vendor performance across the Greek manufacturing sector. Lead times
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One in four Greeks in severe material deprivation; a eurozone outlier
SocietyGreece has the sixth highest rate of severe material deprivation among 30 European countries... in 2012” report shows that material deprivation, which is measured in nine categories (e.g. inability... Greece. ELSTAT’s figures show that material deprivation increased in all age groups, with only
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ELSTAT shows decrease in material deprivation, poverty risk, while education mobility remains static
Society. The material deprivation and living conditions data showed that severe material deprivation.... Children aged 0-17 years continue to be the worst-affected by material deprivation, although
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Greece near top of EU charts for proportion of population over 65 and 80
Society). Greece was also among the EU member states where the severe material deprivation rate of persons aged 65
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PMI rises to 54.4 points in April, highest since February 2020
EconomyMacroeconomy. Manufacturers registered the sharpest increase in cost burdens on record in April due to raw material shortages... in the headline figure was also in part due to a further deterioration in vendor performance in April... in vendor performance. As such, input costs soared once again.”
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PBO sees medium-term risks mounting, despite positive near-term outlook
EconomyMacroeconomyThe Parliament Budget Office (PBO) released on Thursday its latest report, for the second quarter of the year, and notes the relative positive picture in the near-term, despite the uncertain times due to the energy crisis. However, it notes a series of challenges and risks in the medium-term
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PMI up to 59 pts in Dec as manufacturing nears year of growth despite supply chain challenges
EconomyMacroeconomyin workforce numbers, the highest since February 2020. However, material shortages and delays in transportation had a significant impact on vendor deliveries and pushed costs upwards. These challenges did... by port congestion and ongoing reports of material shortages. The output expectations in the sector
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