S&P Global’s June PMI® survey data indicated only a slight improvement in operating conditions across the board in the Greek manufacturing sector. The overall rise was the slowest on record in the current 16-month period of continuous growth, as output and new orders contracted. Weak demand from domestic and foreign customers also weighed on job […]
Tag: Industry
The era of the industrial war
By Costas Raptis Quantity translates into quality. And in its confrontation with Russia, the West lags behind in terms of ammunition. Among roughly equivalent opponents, anyone with an industrial base capable of constantly supplying the battlefield with an advantage has the advantage. But the West is systematically deindustrialized. This warning is addressed by the American […]
Germany-IW: Two out of five companies are trapped in high costs
The war in Ukraine and the padlocks in China are leading to unusually high cost and price increases for German companies. Two out of five companies can pass on the highest costs to customers with little or no difficulty, according to a new study by the Institute for German Economics (IW). Rising prices for energy, […]
What is the green pool that will reduce energy costs for industry
Of Thanks to Floudopoulos It aims to reduce energy costs for industry and through it it is planned to conclude bilateral contracts in the Greek market between major consumers and RES producers. The scheme for the famous green pool has been submitted for approval by the European Competition Commission with the aim of starting its […]
Rally cycle and turmoil for supermarkets and food industry
By George Lampiris A new round of concentration, which will be strong and will affect the food industry sector and the shorter-range supermarket chains, is expected by high-ranking market executives, contacted by Capital.gr. At the same time, the same estimates do not exclude padlocks on companies that will not be able to withstand the strong […]
Handelsblatt: stockpiling may be due to avoid recession in Germany
Supply difficulties and concerns about material shortages are increasing demand among manufacturers of industrial intermediates, such as steel, semiconductors and plastics, according to Handelsblatt. Many companies in the respective sectors cite record data – because many customers replenish their inventories to be able to deliver despite the threat of shortages. The head of the steel […]
Andelsblatt: Why German companies are accumulating stocks – The consequences for the economy
With its extensive analysis, Handelsblatt shows how German companies are increasing their inventories, thus worsening bottlenecks: Basf recorded 19% more sales to BASF, Lanxess 44% and Salzgitter 60%. The situation of orders in key industries could not be better. In recent weeks, manufacturers of chemical and metal products have informed their investors with ad hoc […]
ELSTAT: Annual increase of 46.2% in producer prices in March
Producer prices in the industry increased by 46.2% on an annual basis in March, while the increase of the index was in double digits compared to February. In particular, according to the data announced by ELSTAT, the General Producer Price Index in Industry (total domestic and foreign market), with base year 2015 = 100.0 and […]
Industry intervention for energy market reforms
Of Thanks to Floudopoulos The conditions prevailing in the Greek electricity market do not allow suppliers and large consumers of electricity to hedge the risk of a sharp rise in prices, unlike what happens in other markets in Europe. This is pointed out, among others, by the Association of Industrial Energy Consumers (EVIKEN), which represents […]
Germany-IW: Industry and construction threatened with recession
High energy prices and uncertainties stemming from the conflict in Ukraine have worsened the business expectations of most companies for 2022. The construction and industrial sectors are particularly pessimistic about the future, according to new economic research from the Institut der deutschen Wirtschaft (IW). The service sector, on the other hand, is coming out of […]