PMI picks up to 50.4 in August, new orders grow for first time in two years

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI resumed above the 50-point mark edging up to 50.4 in August after falling to 48.7 in July, Markit survey showed on Thursday.

The overall upturn, albeit only slight, reflected an expansion in production and new orders as well as further job creation.

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