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PMI falls to 46.7 in Mar on drop in new orders but outlook positive for next months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1 point to 46.7 in March, almost offsetting the rise of 1.1 points recorded in the previous month, Markit survey showed on Monday. The March headline figure represents the seventh straight reading below the 50-point mark. The deterioration is largely attributed
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PMI up to 48.2 in April as new orders fall again, but outlook for year remains positive
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 1.5 points to 48.2 in April from 46.7 in March, Markit’s survey revealed on Tuesday. The April headline figure is the highest reading since December. It was also the eighth sub-50 reading. The latest downturn reflects a continued drop in new orders, further drop
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PMI at 52.1 in October, dropping slightly from previous month
EconomyMacroeconomyGreece’s Manufacturing PMI dipped slightly by 0.7 points in October to 52.1. Although the latest headline figure represents a three-month low, the index has remained above the 50-mark threshold for a fifth consecutive month. The report by Markit stated that the Greek manufacturing sector entered
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PMI at 55 pts in March, slowing from Feb but above 50 for tenth month
EconomyMacroeconomyGreece’s Manufacturing PMI dipped by 1.1 points to 55 in March, the tenth consecutive reading above the 50-mark threshold. Although remaining positive, the index declined against the figure for February, which at 56.1 points, represented the highest reading since June 2000. Improvements in three
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PMI slows to 52.9 pts in April, sector confidence hits all-time high
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 2.1 points to 52.9 in April, nearing almost one full year where the reading has stayed above the 50-mark threshold. The index has remained positive, albeit displaying the weakest growth since November 2017 as the previous growth in the manufacturing sector
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Manufacturing PMI up to 54.2 in May, completing 12 months of rises
EconomyMacroeconomyThe Greek manufacturing sector’s recovery completed a full year of expansion in May, with Markit’s PMI settling at 54.2, up from the 52.9 in April. Markit notes that the improvement of business conditions in the sector is reflected on the twelfth consecutive month of a rise in manufacturing output
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PMI at 53.5 pts in June as Greek manufacturing sector finishes Q2 on a positive note
EconomyMacroeconomyGreece’s Manufacturing PMI dropped by 0.7 points to 53.5 in June, staying over the 50-mark threshold for 13 straight months as confidence gradually strengthens. Markit noted that the recovery of the Greek manufacturing sector, which had held steady during the first quarter of the year, had remained
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PMI at 53.5 pts in July as optimism holds, export orders slow down
EconomyMacroeconomyGreece’s Manufacturing PMI remained unchanged at 53.5 points in July, staying over the 50-mark threshold for 14 straight months as confidence continues to strengthen. Greece’s manufacturing sector had made it through the first two quarters of the year on a positive momentum which appears
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Manufacturing PMI climbs to 53.9 pts in August, outlook remains positive
EconomyMacroeconomyGreece’s Manufacturing PMI edged up to 53.9 points in August from 53.5 in July, staying over the 50-mark threshold for 15 straight months as confidence in the sector remains solid. Greece’s manufacturing sector signals further strong improvement in operating conditions aided by solid expansions
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Manufacturing PMI dips slightly to 53.6 pts in September as sentiment remains strong
EconomyMacroeconomyGreece’s Manufacturing PMI declined slightly to 53.6 points in September from 53.9 points in August, staying over the 50-mark threshold for almost a year and a half as confidence in the sector continues to hold. Levels of output remained solid in September, with client demand driving the increased
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