HIGHLIGHTS
July 25 2023
Global Markets
Flash PMI data for July were mixed in the US with services softening and the manufacturing index increasing. In Eurozone, the flash PMIs surprised to the downside across both sectors.
Greece
According to the Bank of Greece, travel receipts increased further in May-23 supporting incomes and employment. Their value picked up to €1,748.1mn in current prices, from €1,400.7mn in May-22 (€1,566.1mn in May-19), posting an annual growth of 24.8% (traveller flows +13.9%, expenditure per trip +9.0%).
CESEE
Based on the fresh Q1-2023 fiscal data released by Eurostat, mixed trends are observed across the region regarding the level of fiscal deficit.
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