PMI softens to six-month low, but employment in manufacturing grows at record pace

EconomyMacroeconomy Tags: PMI
Photo via https://flic.kr/p/uwEAar
Photo via https://flic.kr/p/uwEAar

Greece’s Manufacturing PMI for January dropped to a six-month low of 57.9 points, from 59 in December, however, still signaling growth in the sector, according to Markit data released on Tuesday.

Although the latest data captured a solid improvement in operating conditions, the growth rate eased to the slowest in the last six months and soft upturns in output and new orders since last April.

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