Greek PMI falls again in July, dropping to 48.7 points

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI headed south for the second successive month in June, easing by 0.7 points to 48.7 in July from 49.4 in June, according to Markit.

This was the lowest reading since October 2013, pointing to a further deterioration in the overall business conditions in the manufacturing sector.

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