Despite strains, manufacturing remains in growth as Nov PMI reaches 50.9 pts

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

Greece’s Manufacturing PMI was essentially unchanged in November, remaining in expansion territory and rising by a fraction to 50.9 points, from 50.8 points in October, according to S&P Global data released on Friday.

The conditions in the Greek manufacturing sector have been improving for nearly one year, reaching 10 months, although it is only marginally above the 50-point mark of expansion.

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