PMI drops to lowest in more than a year at 53.8 pts, but manufacturing remains on solid ground

EconomyMacroeconomy Tags: PMI
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Greece’s Manufacturing PMI dropped by one point in May to 53.8 points, according to S&P Global data released on Wednesday.

May PMI is the lowest in more than one year, but still indicates solid operating conditions in the Greek manufacturing sector. The overall expansion is the slowest since March 2021.

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