Greece Manufacturing PMI

The IHS Markit Greece Manufacturing PMI decreased to 52.4 in June 2019 from 54.2 in the previous month. It was the weakest reading since November 2017. New orders growth eased sharply from April's recent high, and was the softest since October 2017; and export orders rose only marginally. Meanwhile, output increased solidly, though at the slowest pace since October 2018. Also, the pace of job creation softened and backlogs of work fell for the fifth straight month. In terms of prices, input inflation eased to the slowest since July 2016 and output prices fell again, as increased competition had driven discounting and promotional activity. Finally, firms remained strongly optimistic towards output growth over the coming 12 months, amid expectations of a sustained rise in client demand. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 52.60 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Manufacturing PMI in Greece to stand at 52.50 in 12 months time. In the long-term, the Greece Manufacturing PMI is projected to trend around 54.00 in 2020, according to our econometric models.

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Greece Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	101.00	100.80	120.50	75.30	Index Points	[+]
Manufacturing PMI	52.40	54.20	56.60	30.20		[+]
Industrial Production	-1.20	1.70	11.90	-13.80	percent	[+]
Industrial Production Mom	-0.60	-2.60	8.00	-7.70	percent	[+]
Manufacturing Production	-0.20	-0.40	18.70	-17.50	percent	[+]
Capacity Utilization	72.30	70.30	83.80	61.30	percent	[+]
New Orders	-12.00	-14.00	6.00	-61.00	percent	[+]
Car Registrations	13131.00	13828.00	33583.00	3310.00		[+]
Internet Speed	7862.25	7493.34	7862.25	1525.02	KBps	[+]
IP Addresses	3133476.00	3041354.00	3386040.00	709673.00	IP	[+]
Steel Production	115.00	130.00	261.00	15.00	Thousand Tonnes	[+]
Mining Production	-16.40	0.70	39.50	-32.10	percent	[+]
Changes In Inventories	1135.26	1075.23	3209.81	-1799.02	EUR Million	[+]
Competitiveness Index	62.10	61.80	62.10	3.86	Points	[+]
Competitiveness Rank	57.00	53.00	96.00	53.00		[+]
Corruption Index	45.00	48.00	53.50	34.00	Points	[+]
Corruption Rank	67.00	59.00	94.00	25.00		[+]
Ease of Doing Business	72.00	67.00	109.00	58.00		[+]
Electricity Production	1976.00	3183.00	5876.00	1976.00	Gigawatt-hour	[+]

Greece Manufacturing PMI

The Markit Greece Manufacturing Purchasing Managers' Index measures the performance of the manufacturing sector and is derived from a survey of 350 industrial companies. The Manufacturing Purchasing Managers Index is based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the manufacturing sector compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides the latest reported value for - Greece Manufacturing PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Manufacturing PMI - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	52.40	54.20	56.60	30.20	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	49.43	Jun/19	52.72	62.5 : 29.47
Brazil	51.00	Jun/19	50.2	53.5 : 41.6
Canada	49.20	Jun/19	49.1	57.1 : 47.5
China	49.40	Jun/19	50.2	52.3 : 47.2
Euro Area	47.60	Jun/19	47.7	60.6 : 33.5
France	51.90	Jun/19	50.6	58.8 : 42.7
Germany	45.00	Jun/19	44.3	63.3 : 32
India	52.10	Jun/19	52.7	55 : 47.9
Indonesia	50.60	Jun/19	51.6	58.5 : 46.4
Italy	48.40	Jun/19	49.7	59 : 47.4
Japan	49.30	Jun/19	49.8	56.2 : 29.6
Mexico	49.20	Jun/19	50	57.1 : 49.2
Netherlands	50.70	Jun/19	52.2	63.4 : 48
Russia	48.60	Jun/19	49.8	54.7 : 47.6
Saudi Arabia	57.40	Jun/19	57.3	61.8 : 51.4
Singapore	49.60	Jun/19	49.9	53.1 : 48.3
South Africa	46.20	Jun/19	45.4	60.87 : 35.09
South Korea	47.50	Jun/19	48.4	52.6 : 45.7
Spain	47.90	Jun/19	50.1	56.1 : 41.1
Switzerland	47.70	Jun/19	48.6	66.9 : 32.8
Turkey	47.90	Jun/19	45.3	55.7 : 42.7
United Kingdom	48.00	Jun/19	49.4	61.5 : 34.4
United States	50.60	Jun/19	50.5	57.9 : 50.5