Greece Manufacturing PMI

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.

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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	[+]

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	SA

Country	Last		Previous	Range
Australia	54.80	Apr/19	51	62.5 : 29.47
Brazil	51.50	Apr/19	52.8	53.5 : 41.6
Canada	49.70	Apr/19	50.5	57.1 : 47.5
China	50.20	Apr/19	50.8	52.3 : 47.2
Euro Area	47.90	Apr/19	47.5	60.6 : 33.5
France	50.00	Apr/19	49.7	58.8 : 42.7
Germany	44.40	Apr/19	44.1	63.3 : 32
India	51.80	Apr/19	52.6	55 : 47.9
Indonesia	50.40	Apr/19	51.2	58.5 : 46.4
Italy	49.10	Apr/19	47.4	59 : 47.4
Japan	50.20	Apr/19	49.2	56.2 : 29.6
Mexico	50.10	Apr/19	49.8	57.1 : 49.2
Netherlands	52.00	Apr/19	52.5	63.4 : 48
Russia	51.80	Apr/19	52.8	54.7 : 47.6
Saudi Arabia	56.80	Apr/19	56.8	61.8 : 51.4
Singapore	50.30	Apr/19	50.8	53.1 : 48.3
South Africa	47.20	Apr/19	45	60.87 : 35.09
South Korea	50.20	Apr/19	48.8	52.6 : 45.7
Spain	51.80	Apr/19	50.9	56.1 : 41.1
Switzerland	48.50	Apr/19	50.3	66.9 : 32.8
Turkey	46.80	Apr/19	47.2	55.7 : 42.7
United Kingdom	53.10	Apr/19	55.1	61.5 : 34.4
United States	52.60	Apr/19	52.4	57.9 : 50.7