Greece New Orders  Forecast


New Orders in Greece is expected to be -18.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Orders in Greece to stand at -12.00 in 12 months time. In the long-term, the Greece New Orders is projected to trend around -4.00 percent in 2020, according to our econometric models.

Greece New Orders
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Greece Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 99 97.1 98 98.8 99 105
Manufacturing PMI 52.2 52.5 50.2 51 51.5 53.2
Industrial Production 1.7 4.2 3.8 3.6 3.2 2.2
Industrial Production Mom -0.7 -0.4 1.8 -0.4 2 1.2
Manufacturing Production 1.3 3.8 3.6 3.4 3.2 1.9
Capacity Utilization 71.5 67.9 68.2 68.5 68.8 73.6
New Orders -15 -18 -16 -14 -12 -4
Car Registrations 5134 6680 7230 9482 8753 8650
Changes In Inventories -494 -209 -36.12 27.24 120 227
Competitiveness Index 4 4 4 4.08 4.08 4.16
Competitiveness Rank 86 86 86 85 85 83
Corruption Index 44 45 45 46 46 48
Corruption Rank 69 68 68 67 67 65
Ease of Doing Business 61 60 60 59 59 57
Electricity Production 5042 4010 4400 3944 4088 4460
Steel Production 135 89 98 133 123 110
Mining Production 2.5 -1.2 -0.8 0.5 0.8 1.4