The IHS Markit Greece Manufacturing PMI edged up to 54.7 in March of 2019 from 54..2 in February, pointing to the biggest rise in manufacturing activity in a year. Output increased at the fastest pace since February of 2018 amid more robust client demand. Also, new business rose at a strong pace and the rise in new exports accelerated. Job creation was the strongest since data collection began. On the price front, input prices rose the most in four months due to higher raw material costs and a poor harvest and output prices also accelerated. Finally, manufacturers were more upbeat towards future output growth amid expectations of a further upturn in new orders. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 52.40 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 52.00 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 101.30 101.30 120.50 75.30 Index Points [+]
Manufacturing PMI 54.70 54.20 56.10 30.20 [+]
Industrial Production 2.30 4.20 11.90 -13.80 percent [+]
Industrial Production Mom -2.70 2.00 8.00 -7.70 percent [+]
Manufacturing Production 3.10 1.50 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 9517.00 7561.00 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 120.00 135.00 261.00 15.00 Thousand Tonnes [+]
Mining Production 8.90 -32.10 39.70 -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 3958.00 5355.00 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 April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.70 54.20 56.10 30.20 2011 - 2019 Monthly
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Country Last Previous
Australia 51.00 Mar/19
Brazil 52.80 Mar/19
Canada 50.50 Mar/19
China 50.80 Mar/19
Euro Area 47.80 Apr/19
France 49.60 Apr/19
Germany 44.50 Apr/19
India 52.60 Mar/19
Indonesia 51.20 Mar/19
Italy 47.40 Mar/19
Japan 49.50 Apr/19
Mexico 49.80 Mar/19
Netherlands 52.50 Mar/19
Russia 52.80 Mar/19
Saudi Arabia 56.80 Mar/19
Singapore 50.80 Mar/19
South Africa 45.00 Mar/19
South Korea 48.80 Mar/19
Spain 50.90 Mar/19
Switzerland 50.30 Mar/19
Turkey 47.20 Mar/19
United Kingdom 55.10 Mar/19
United States 52.40 Apr/19


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