Manufacturers facing headwinds as Nov PMI in contraction for fifth straight month

EconomyMacroeconomy Tags: PMI
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Greece’s Manufacturing PMI remained relatively unchanged in November, rising by 0.3 points from October to 48.4 points, according to S&P Global data released on Thursday.

November’s PMI is the fifth consecutive decline in the operating conditions of the Greek manufacturing sector. This is due to ongoing contractions in output and new orders, after weak domestic and foreign demand.

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