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- Greece’s final manufacturing PMI declines to 50.0 in January
Greece’s final manufacturing PMI declines to 50.0 in January
Markit Economics released its final manufacturing purchasing managers' index (PMI) for Greece on Monday. Greece's manufacturing purchasing managers' index (PMI) declined to 50.0 in January from 50.2 in December.
Output and new orders rose in January, while job creation rose.
"Goods producers reported a more stable working environment in January, signalling a shift away from the downturn that immersed the sector in 2015. Encouragingly for firms, employee numbers expanded at the quickest pace since July 2007, while input prices fell for the first time in one year," Markit economist Samuel Agass said.
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