PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI improved 0.6 points to 49 in March from 48.4 in February, Markit’s survey showed on Friday.

The survey also showed that input buying fell for the 19th straight month, leading to a further decrease in pre-production inventories. In addition, the rate of input stock deterioration was above the long-run average.

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