Greece Manufacturing PMI

The IHS Markit Greece Manufacturing PMI decreased to 54.2 in May of 2019 from 56.6 in the previous month. Output and new orders supported overall growth while an increase in client demand contributed to an expansion in employment, which was among the strongest in the series history. On the front price, input inflation softened to the lowest level since July 2016. Finally, business confidence among manufacturers was robustly optimistic in May, driven by new client acquisitions and greater demand from foreign customers. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 51.60 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 52.50 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.

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Greece Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	100.80	100.30	120.50	75.30	Index Points	[+]
Manufacturing PMI	54.20	56.60	56.60	30.20		[+]
Industrial Production	-0.80	-2.80	11.90	-13.80	percent	[+]
Industrial Production Mom	-0.60	-2.60	8.00	-7.70	percent	[+]
Manufacturing Production	-0.20	-0.40	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	13828.00	12294.00	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	135.00	261.00	15.00	Thousand Tonnes	[+]
Mining Production	-16.40	0.70	39.50	-32.10	percent	[+]
Changes In Inventories	1135.26	1075.23	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	3183.00	3958.00	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 June of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	54.20	56.60	56.60	30.20	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	52.70	May/19	54.8	62.5 : 29.47
Brazil	50.20	May/19	51.5	53.5 : 41.6
Canada	49.10	May/19	49.7	57.1 : 47.5
China	50.20	May/19	50.2	52.3 : 47.2
Euro Area	47.70	May/19	47.9	60.6 : 33.5
France	50.60	May/19	50	58.8 : 42.7
Germany	44.30	May/19	44.4	63.3 : 32
India	52.70	May/19	51.8	55 : 47.9
Indonesia	51.60	May/19	50.4	58.5 : 46.4
Italy	49.70	May/19	49.1	59 : 47.4
Japan	49.80	May/19	50.2	56.2 : 29.6
Mexico	50.00	May/19	50.1	57.1 : 49.2
Netherlands	52.20	May/19	52	63.4 : 48
Russia	49.80	May/19	51.8	54.7 : 47.6
Saudi Arabia	57.30	May/19	56.8	61.8 : 51.4
Singapore	49.90	May/19	50.3	53.1 : 48.3
South Africa	45.40	May/19	47.2	60.87 : 35.09
South Korea	48.40	May/19	50.2	52.6 : 45.7
Spain	50.10	May/19	51.8	56.1 : 41.1
Switzerland	48.60	May/19	48.5	66.9 : 32.8
Turkey	45.30	May/19	46.8	55.7 : 42.7
United Kingdom	49.40	May/19	53.1	61.5 : 34.4
United States	50.50	May/19	52.6	57.9 : 50.5