PMI unchanged in Feb, shows signals of weakening domestic demand

EconomyMacroeconomy Tags: PMI
Photo via https://flic.kr/p/2b7ecKE
Photo via https://flic.kr/p/2b7ecKE

Greece’s Manufacturing PMI was virtually unchanged in February, falling marginally to 52.6 points, from 52.8 points in January, according to S&P Global data released on Tuesday.

S&P says that although operating conditions continue to improve, the rate was softer. Despite a steeper increase in output, new order growth slowed on the month amid reports of less robust domestic demand. 

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