HIGHLIGHTS
February 13 2023
Global Markets
Asian equity markets ended mostly in negative territory today, UST yields moved further up and the USD gained ground ahead of Tuesday’s US January CPI data, which are likely to reinforce expectations of higher Fed interest rates ahead, especially in the context of persistent labor market tightness.
Greece
The manufacturing sector, with a share of 9.9% in total GVA and 7.7% in total employment in 2021, proved to be resilient both during the pandemic (2020-2021) and the ongoing energy crisis (2022).
CESEE
CEE economies continue to feel the pain from surging inflation as fresh inflation data releases indicate; December’s hard data in Bulgaria point to further cooling in the economy; Plethora of regional Q4 GDP growth estimates due tomorrow.
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