Greek PMI edges up in March but exports, factory output fall

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI improved for the second straight month by 0.5 points to 48.9 in March from 48.4 in February, according to Markit.

New orders fell for the seventh month in a row at a pace broadly unchanged from February’s 19-month record rate. This mainly reflected a sharp and accelerated decline in new export orders, which is partly attributed to foreign clients being deterred by ...

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