Greek Factory Activity Growth Rises in May

2026-06-02 08:51 By Erika Ordonez 1 min. read

The S&P Global Greece Manufacturing PMI rose to 53.3 in May 2026 from 52.4 in April, marking a stronger improvement in operating conditions as output and new orders regained momentum.

Growth was driven mainly by domestic demand, while new export orders fell for a fourth consecutive month, underscoring continued external weakness.

Production and employment expanded at faster rates, alongside stronger purchasing activity as firms responded to higher inflows of new work.

However, inflationary pressures intensified, with input costs rising at a near four-year high on higher energy prices.

Output charges increased at a more than three-year high as firms passed through costs.

Supply chain disruptions linked to the Middle East conflict further strained operations, lengthening delivery times and hampering inventory rebuilding.

Business confidence improved modestly but remained below earlier levels, supported by expectations of new product launches, investment, and marketing.



News Stream
Greek Factory Activity Growth Rises in May
The S&P Global Greece Manufacturing PMI rose to 53.3 in May 2026 from 52.4 in April, marking a stronger improvement in operating conditions as output and new orders regained momentum. Growth was driven mainly by domestic demand, while new export orders fell for a fourth consecutive month, underscoring continued external weakness. Production and employment expanded at faster rates, alongside stronger purchasing activity as firms responded to higher inflows of new work. However, inflationary pressures intensified, with input costs rising at a near four-year high on higher energy prices. Output charges increased at a more than three-year high as firms passed through costs. Supply chain disruptions linked to the Middle East conflict further strained operations, lengthening delivery times and hampering inventory rebuilding. Business confidence improved modestly but remained below earlier levels, supported by expectations of new product launches, investment, and marketing.
2026-06-02
Greek Factory Activity Growth Softens to 7-Month Low
The S&P Global Greece Manufacturing PMI fell to 52.4 in April 2026 from 54.5 in the previous month. This marked the lowest reading since September 2025, as growth momentum moderated across output and new orders. New orders slowed to a fractional pace, while new export orders declined at the fastest rate since December 2022, reflecting weaker external demand amid global uncertainty linked to the Middle East conflict. Production growth also eased to its weakest since November 2024, weighed by supply-chain disruptions and material shortages, with supplier delivery times lengthening markedly. Input costs increased at the fastest pace in nearly four years, driving the steepest increase in output prices in three-and-a-half years as firms passed through higher costs. Employment and purchasing activity continued to expand but at a slower pace, while business confidence remained subdued despite the sector staying in expansion for a 39th consecutive month.
2026-05-04
Greek Manufacturing PMI at 7-Month High
The S&P Global Greece Manufacturing PMI edged up to 54.5 in March 2026 from 54.4 in the previous month. This marked the highest reading since August 2025, supported by continued growth in both output and new orders, which have risen in tandem every month since November 2024 amid resilient domestic demand. Manufacturers also increased hiring in March to meet rising production needs, albeit with job creation slowing to an eight-month low due to higher costs. On the price front, input cost inflation intensified to its strongest level since June 2022, driven primarily by higher oil, energy, and raw material prices. In response, output charges accelerated at the fastest rate in nearly three and a half years. Finally, business confidence fell to its lowest level in just over a year and a half, with manufacturers citing persistent uncertainty surrounding the Middle East conflict and its potential impact on raw material costs and supply chain stability.
2026-04-01