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PMI above 50 points in Dec for first time in 16 months but underlying problems remain
EconomyMacroeconomyGreece’s Manufacturing PMI edged over the 50-point mark, which separates growth from contraction, and reached 50.2 in December from 48.1 in November, Markit’s survey showed on Monday. The December headline figure signaled a return to growth for the first time since August 2014 and mainly reflected
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PMI at 50 points in Dec as manufacturing shows signs of stabilisation
EconomyMacroeconomyGreece’s Manufacturing PMI slightly fell to 50 points in January from 50.2 in December, Markit survey showed on Monday. The latest figure signals a stabilisation in the manufacturing sector on broadly unchanged operating conditions. The data showed marginal drops in volumes of output and new orders
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PMI falls 1.6 pts to 48.4 in February
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 1.6 points to 48.4 in February from 50 in January, according to the Markit survey published on Tuesday. The headline figure for February shows a decline for the first time in the last three months. Manufacturers reported a drop in output and incoming new orders
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PMI rebounds 0.6 pts to 49 in March but remains below 50-point mark in Q1
EconomyMacroeconomyGreece’s Manufacturing PMI improved 0.6 points to 49 in March from 48.4 in February, Markit’s survey showed on Friday. The March headline figure points to a softer downturn in the manufacturing sector amid drops in output, incoming new orders and stock levels, while workforce rose slightly
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PMI edges up to 49.7 in Apr, highest reading in last three months but concerns remain
EconomyMacroeconomyGreece’s Manufacturing PMI rebounded for the second straight month by 0.7 points to 49.7 in April, Markit survey displayed on Wednesday. The April figure is the highest reading since February but still remained below the 50-point mark that separates contraction from growth. The downturn
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PMI drops to 48.4 in May, new orders down at sharpest pace in 8 months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1.3 points to 48.4 in May after rising in the preceding two months, the Markit survey showed on Wednesday. The headline figure for May remains below the 50-point mark that separates contraction from growth and points to a deterioration of operating conditions
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PMI improves by 2 pts in June to rise above 50-pt mark on higher production, employment
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 2 points to 50.4 in June from 48.4 in May, Markit’s monthly survey showed on Friday. The headline figure for June represents an expansion, albeit marginal, for the first time since last December. It is the highest headline reading since May 2014. The rise
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PMI falls back into contraction territory in July, landing at 48.7 pts
EconomyMacroeconomyGreece’s manufacturing sector returned to contraction territory in July, according to data released by Markit on Monday. July’s PMI came in at 48.7 points following a slight growth in June with a reading of 50.4 points. Expansion in payroll numbers is the only hint of optimism in an overall
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PMI picks up to 50.4 in August, new orders grow for first time in two years
EconomyMacroeconomyGreece’s Manufacturing PMI resumed above the 50-point mark edging up to 50.4 in August after falling to 48.7 in July, Markit survey showed on Thursday. The overall upturn, albeit only slight, reflected an expansion in production and new orders as well as further job creation. In specific
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PMI rebounds to 47.7 in Feb but shows deterioration for sixth straight month
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 1.1 points to 47.7 in February, after falling to a 16-month low of 46.6 in January, Markit’s survey showed on Wednesday. The February reading indicates the sixth successive reading below the 50-point mark that separates growth from contraction. The ongoing
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