PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday.

The rise is mainly attributed to increased production and expanded employment. But new orders continued heading south and demand remained fragile.

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