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Manufacturing remains in contraction for Oct as business optimism falls to lowest since May 2020

Greece’s Manufacturing PMI resumed its slide in October, falling by 1.6 points to 48.1, from 49.7 points in September, according to S&P Global data released on Tuesday.
October’s PMI is the fourth consecutive decline in the state of the Greek manufacturing sector, and S&P Global notes this is now also reflected in the firms’ output expectations for the year ahead, with optimism dropping to a two-and-half-year low.
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