The IHS Markit Greece Manufacturing PMI fell to 53.1 in October of 2018 from 53.6 in September, pointing to the slowest growth in the manufacturing sector in six months. Output and new orders slowed although they remained solid and well above their respective series averages. Also, input prices continued to rise while manufacturers reduced output charges for the first time so far this year, following increased competition. On the other hand, employment went up at one of the fastest rates in the series history amid a sustained rise in new business. Finally, business confidence fell to the lowest in 13 months mainly due to weaker outlook for future output. Global political uncertainty and greater competition were cited as concerns. Manufacturing PMI in Greece is reported by Markit Economics.

Greece Manufacturing PMI
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Greece Business Last Previous Highest Lowest Unit
Business Confidence 101.00 101.30 120.10 75.20 Index Points [+]
Manufacturing PMI 53.10 53.60 56.10 30.20 [+]
Industrial Production 2.00 1.00 11.90 -13.80 percent [+]
Industrial Production Mom -0.90 1.40 8.10 -7.80 percent [+]
Manufacturing Production 1.30 2.70 18.70 -17.50 percent [+]
Capacity Utilization 69.60 70.50 83.80 61.30 percent [+]
New Orders -3.00 -10.00 6.00 -61.00 percent [+]
Car Registrations 7115.00 4914.00 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 145.00 45.00 261.00 15.00 Thousand Tonnes [+]
Mining Production -14.70 9.40 39.70 -27.60 percent [+]
Changes In Inventories 33.68 -37.02 3199.38 -1793.71 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 48.00 44.00 53.50 34.00 Points [+]
Corruption Rank 59.00 69.00 94.00 25.00 [+]
Ease of Doing Business 72.00 67.00 109.00 58.00 [+]
Electricity Production 3890.00 4994.00 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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
53.10 53.60 56.10 30.20 2011 - 2018 Monthly
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Country Last
Australia 58.30 Oct/18
Brazil 51.10 Oct/18
Canada 53.90 Oct/18
China 50.10 Oct/18
Euro Area 52.00 Oct/18
France 51.20 Oct/18
Germany 52.20 Oct/18
India 53.10 Oct/18
Indonesia 50.50 Oct/18
Italy 49.20 Oct/18
Japan 52.90 Oct/18
Mexico 50.70 Oct/18
Netherlands 57.10 Oct/18
Russia 51.30 Oct/18
Saudi Arabia 53.80 Oct/18
Singapore 51.90 Oct/18
South Africa 42.40 Oct/18
South Korea 51.00 Oct/18
Spain 51.80 Oct/18
Switzerland 57.40 Oct/18
Turkey 44.30 Oct/18
United Kingdom 51.10 Oct/18
United States 55.70 Oct/18


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