The coast of Greece

Greece PMI April 2019

Greece: Manufacturing PMI reaches a near two-decade high in April

The IHS Markit manufacturing Purchasing Managers’ Index (PMI) rose from 54.7 in March to 56.6 in April, the highest reading since June 2000. As a result, the PMI climbed further above the critical 50-point threshold that separates expansion from contraction in business conditions in the manufacturing sector, where it has been for nearly two years.

April’s upturn reflected faster growth in output, new orders and employment. Production expanded at the fastest pace since October 2007, driven by solid customer demand at home and abroad. New orders also accelerated notably in April amid strong demand from new and existing clients. Moreover, the pace of job creation was the fastest since the series began in May 1999. On the price front, goods-producers raised output prices at the quickest rate since September last year despite input cost inflation moderating in April.

Greece Fixed Investment Forecast

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest