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Slight uptick in October for Greek PMI, which remains in contraction
EconomyMacroeconomyAlthough improving by 0.4 points, Greece’s Manufacturing PMI in October remained below the 50-point mark that separates growth from contraction for the fourth time in the last five months, according... analysts concluded that the evolution of Greek PMI in October indicates “a further sign that the recovery
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PMI improves in May but points to further deterioration in manufacturing
EconomyMacroeconomyGreece’s Manufacturing PMI improved by 1.5 points in May, rising to 48 from 46.5 in April, according to Markit. However, the headline figure points to an overall deterioration of the manufacturing... that “The manufacturing PMI continues to point to a downturn in the Greek economy” with the ninth
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PMI rebounded in September, but survey data still point to a downturn on lack of new orders
EconomyMacroeconomyGreece’s Manufacturing PMI further rose by 4.2 points to 43.3 in September from 39.1 in August, Markit said on Thursday. Nevertheless, the latest data still point to a significant downturn mainly... evident since March 2011 largely due to strong competition. The PMI survey also showed longer lead times
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PMI continued improving in Oct but survey data points to economic struggle ahead
EconomyMacroeconomyGreece’s Manufacturing PMI improved by another 4 points in October, when it rose to 47.3 from 43.3 in September, a Markit survey showed on Monday. However, the latest figure still displays... companies in Greece eased in October, the latest headline PMI reading is still below the all
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PMI slips to contraction territory in September on lower production and new orders
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 1.2 points to 49.2 in September from 50.4 in August, Markit survey displayed on Monday. This was the sixth sub-50 reading in the course of 2016. The return... 2016”. In addition, “although the headline PMI was not as weak as this time last year there was still
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PMI rises to 49.3 in Dec but likelihood of growth remains slim
EconomyMacroeconomyGreece’s Manufacturing PMI increased by 1 point in November, after dropping in the previous three months, the Markit survey revealed on Monday. The PMI stood at 49.3 in December, which indicates the highest reading in the last four months and is in line with the historical trend of 49.4. The upward
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Adverse weather pushes Jan manufacturing PMI to lowest level for 16 months
EconomyMacroeconomyGreece’s Manufacturing PMI fell by 2.7 points in January after improving by 1 point in the previous month, the Markit survey displayed on Wednesday. The PMI landed at 46.6, which is the lowest reading since September 2015 and stands well below the long-run average of 49.4. The downturn is mostly
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Greek PMI rises to 49.6 in May as uncertainty continues to impact
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 1.4 points in May according to Markit, posting the ninth consecutive reading under 50.0 points in the Greek manufacturing sector and pointing to deteriorating.... The PMI stood at 49.6 in May, up from 48.2 in April. The rate of decline eased for the second successive
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PMI at 50.5 in June, posting first growth in 10 months
EconomyMacroeconomyGreece’s Manufacturing PMI rose by 0.9 points in June according to Markit, standing above the 50.0 point no-change threshold for the first time since August 2016 and signalling a marginal improvement in the Greek manufacturing sector. The PMI stood at 50.5 in June, up from 49.6 in May, rising after
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PMI stays at 50.5 in July with second positive reading in 11 months
EconomyMacroeconomyGreece’s Manufacturing PMI stayed neutral in July according to Markit, posting over the 50.0 point no-change threshold for the second time since August 2016. The reading signals a positive, though marginal, improvement in the Greek manufacturing sector. The PMI stood at 50.5 in July, the same
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