November PMI at 52.2 as new business growth hits 45-month high, hirings reach 18-year peak

EconomyMacroeconomy Tags: PMI
Photo via Flickr https://flic.kr/p/3pyqsB
Photo via Flickr https://flic.kr/p/3pyqsB

Greece’s Manufacturing PMI marginally increased by 0.1 points in November to 52.2, with the index remaining above the 50-mark threshold for the sixth consecutive month.

Markit’s PMI data indicated there is an ongoing improvement in operating conditions in the manufacturing sector, driven by strong client demand. New business growth almost reached a four-year high.

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