PMI up to 53.1 in Dec as business conditions improve at fastest pace in over a decade

EconomyMacroeconomy Tags: PMI
Photo by Giannis Papanikos/Fosphotos
Photo by Giannis Papanikos/Fosphotos

Greece’s Manufacturing PMI increased by 0.9 points in December to 53.1, with the index remaining above the 50-mark threshold for the seventh consecutive month.

Markit’s PMI data for the last month of 2017 showed the ongoing improvement in operating conditions in the manufacturing sector, driven by strong client demand both in the domestic and foreign markets. New orders growth is the highest in nine-and-half y...

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