The IHS Markit Greece Manufacturing PMI jumped to 58.6 in June of 2021 from 58 in the previous month, marking the strongest growth in factory activity since April 2000. New orders rose the most in 21 years, amid stronger client demand from both domestic and foreign markets. Output, employment and purchasing activity also continued to increase sharply, although firms highlighted heightened pressure on capacity. Subsequently, inflationary pressures intensified with both input inflation and selling price inflation accelerating to the fastest on record. Finally, business sentiment moderated slightly amid supply chain uncertainty but it was above the series average. source: Markit Economics
Manufacturing PMI in Greece averaged 48.46 points from 2011 until 2021, reaching an all time high of 58.60 points in June of 2021 and a record low of 29.50 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Manufacturing PMI in Greece is expected to be 56.50 points 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 54.70 in 12 months time. In the long-term, the Greece Manufacturing PMI is projected to trend around 54.60 points in 2022 and 52.80 points in 2023, according to our econometric models.