PMI drops for third straight month to hit one-year low of 48.3 in Nov

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI fell for the third successive month, albeit at a slower pace of 0.3 points in November after a drop by 0.6 points in October, the Markit survey displayed on Thursday.

As a result, PMI edged down to 48.3, which is the lowest reading since November 2015.

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