Manufacturing PMI reached four-year high of 49.6 pts in December

EconomyMacroeconomy Tags: PMI

Greek Manufacturing PMI advanced for second straight month in December, reaching its highest level in more than four years as it reached 49.6 points from 49.2 in November, according to Markit.

The rise in December mainly reflects an increase in new work that was incoming. Like November, December’s increase in output was focused in the consumer goods sector, while further contractions in the intermediate and capital goods production weighed on...

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