The IHS Markit Greece Manufacturing PMI rose to 56.6 in April 2019 from 54.7 in the previous month. The latest reading pointed to the strongest expansion in factory activity since June 2000, as output rose at the quickest pace since October 2007 driven by domestic and foreign demand and greater new order volumes. Also, new business advanced at the fastest rate in over a year and the job creation rate went up at the greatest pace since series began. On the price front, input cost inflation slowed while output price inflation accelerated at the fastest pace in seven months. Finally, manufacturers were buoyed by a strong demand and sustained rise in new business reaching its greatest degree of optimism since July 2012. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 51.60 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.

Greece Manufacturing PMI
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Greece Business Last Previous Highest Lowest Unit
Business Confidence 100.30 101.30 120.50 75.30 Index Points [+]
Manufacturing PMI 56.60 54.70 56.60 30.20 [+]
Industrial Production -2.70 3.00 11.90 -13.80 percent [+]
Industrial Production Mom -2.60 -2.10 8.00 -7.70 percent [+]
Manufacturing Production -0.20 4.00 18.70 -17.50 percent [+]
Capacity Utilization 70.30 70.00 83.80 61.30 percent [+]
New Orders -17.00 -18.00 6.00 -61.00 percent [+]
Car Registrations 12294.00 9517.00 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 135.00 120.00 261.00 15.00 Thousand Tonnes [+]
Mining Production 0.30 9.30 39.50 -32.10 percent [+]
Changes In Inventories 1075.23 1776.81 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 3183.00 3958.00 5876.00 3094.00 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 May of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
56.60 54.70 56.60 30.20 2011 - 2019 Monthly
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Country Last Previous
Australia 54.80 Apr/19
Brazil 51.50 Apr/19
Canada 49.70 Apr/19
China 50.20 Apr/19
Euro Area 47.90 Apr/19
France 50.00 Apr/19
Germany 44.40 Apr/19
India 51.80 Apr/19
Indonesia 50.40 Apr/19
Italy 49.10 Apr/19
Japan 50.20 Apr/19
Mexico 50.10 Apr/19
Netherlands 52.00 Apr/19
Russia 51.80 Apr/19
Saudi Arabia 56.80 Apr/19
Singapore 50.30 Apr/19
South Africa 47.20 Apr/19
South Korea 50.20 Apr/19
Spain 51.80 Apr/19
Switzerland 48.50 Apr/19
Turkey 46.80 Apr/19
United Kingdom 53.10 Apr/19
United States 52.60 Apr/19


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