PMI falls to 51.7 in July, level of optimism drops to lowest in a year

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

Greece’s manufacturing PMI dropped significantly in July to 51.7 points, from 53.1 points in the previous month, S&P Global data showed on Friday.

The latest data reflects a downturn in growth seen in softer expansions of output, new orders and employment.

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