Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive

EconomyMacroeconomy Tags: PMI

Greece’s Manufacturing PMI edged up to 53.9 points in August from 53.5 in July, staying over the 50-mark threshold for 15 straight months as confidence in the sector remains solid.

Greece’s manufacturing sector signals further strong improvement in operating conditions aided by solid expansions in output and new orders, Markit noted. The rate of job creation accelerated in August.

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