industry

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In third straight month of decline, industrial turnover falls 4.9 pct in May

ATHENS | Via Macropolis | The Turnover Index in Industry continued heading south for the third successive month dropping by 4.9 percent in May from a revised -10.5 percent in April, according to the Hellenic Statistical Authority (ELSTAT). The May performance indicates the ninth negative reading in the past 17 months, while four months showed a double-digit drop over this period.


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Euro zone PMI in April at mid-2009 levels

The Purchasing Managers Index provides one of the most reliable hints about a country’s GDP behaviour, so isn’t difficult to agree with all observers that April’s relapse…