The IHS Markit Greece Manufacturing PMI rose to 54.9 in August of 2019 from 54.6 in the previous month. The latest reading pointed to the highest expansion in the manufacturing sector in four months, with overall growth driven by a strong client demand and a sharp rise in new business while new export orders rose at the fastest pace in three months. In addition, manufactures also signalled a strong rise in employment, with backlogs decreasing further. On the front price, both input price and output charge inflation eased in August. Finally, business confidence among manufacturers regarding the future output growth rose to a fresh new high. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 52.50 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 52.90 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 108.40 105.30 120.50 75.30 Index Points [+]
Manufacturing PMI 54.90 54.60 56.60 30.20 [+]
Industrial Production -2.10 0.30 11.90 -13.80 percent [+]
Industrial Production Mom -1.10 1.00 6.90 -8.20 percent [+]
Manufacturing Production -1.90 1.00 18.70 -17.50 percent [+]
Capacity Utilization 73.70 72.10 83.80 61.30 percent [+]
New Orders -9.00 -5.00 6.00 -61.00 percent [+]
Car Registrations 8818.00 13131.00 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 130.00 125.00 261.00 15.00 Thousand Tonnes [+]
Mining Production -10.40 -0.60 38.50 -28.30 percent [+]
Changes In Inventories 1105.64 925.84 3216.50 -2157.81 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 4687.00 4165.00 5876.00 1976.00 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 September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.90 54.60 56.60 30.20 2011 - 2019 Monthly
SA




Country Last Previous
Australia 53.10 Aug/19
Brazil 52.50 Aug/19
Canada 49.10 Aug/19
China 50.40 Aug/19
Euro Area 47.00 Aug/19
France 51.10 Aug/19
Germany 43.50 Aug/19
India 51.40 Aug/19
Indonesia 49.00 Aug/19
Italy 48.70 Aug/19
Japan 49.30 Aug/19
Mexico 49.00 Aug/19
Netherlands 51.60 Aug/19
Russia 49.10 Aug/19
Saudi Arabia 57.00 Aug/19
Singapore 49.90 Aug/19
South Africa 45.70 Aug/19
South Korea 49.00 Aug/19
Spain 48.80 Aug/19
Switzerland 47.20 Aug/19
Turkey 48.00 Aug/19
United Kingdom 47.40 Aug/19
United States 50.30 Aug/19


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