The IHS Markit Greece Manufacturing PMI decreased slightly to 53.7 in January of 2019 from 53.8 in the prior month. Although the figure dipped to a three-month low, it was broadly in line with those seen since the middle of 2018 and indicated a solid improvement in factory activity. Output growth was the joint-quickest since last March as the rate of increase in new orders remained strong overall and among the quickest since the start of 2018. Greater demand from both domestic and foreign markets drove the increase with export orders growth accelerating to a 12-month high despite current headwinds in global trade. In addition, job creation quickened and was the joint-strongest in the series history. On the price front, price pressures eased as input cost inflation dipped to the slowest since August 2016. As a result, output charges fell at a faster rate as firms sought to attract new clients. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 50.40 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 99.60 100.90 120.50 75.30 Index Points [+]
Manufacturing PMI 53.70 53.80 56.10 30.20 [+]
Industrial Production 1.10 4.20 11.90 -13.80 percent [+]
Industrial Production Mom -1.10 3.90 8.00 -7.70 percent [+]
Manufacturing Production -0.20 7.00 18.70 -17.50 percent [+]
Capacity Utilization 71.50 70.90 83.80 61.30 percent [+]
New Orders -17.00 -15.00 6.00 -61.00 percent [+]
Car Registrations 9198.00 5337.00 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 85.00 140.00 261.00 15.00 Thousand Tonnes [+]
Mining Production -4.20 -3.20 39.70 -27.60 percent [+]
Changes In Inventories 1321.00 33.68 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 4805.00 4198.00 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 February of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
53.70 53.80 56.10 30.20 2011 - 2019 Monthly
SA




Country Last Previous
Australia 52.50 Jan/19
Brazil 52.70 Jan/19
Canada 53.00 Jan/19
China 48.30 Jan/19
Euro Area 50.50 Jan/19
France 51.20 Jan/19
Germany 49.70 Jan/19
India 53.90 Jan/19
Indonesia 49.90 Jan/19
Italy 47.80 Jan/19
Japan 50.30 Jan/19
Mexico 50.90 Jan/19
Netherlands 55.10 Jan/19
Russia 50.90 Feb/19
Saudi Arabia 56.20 Jan/19
Singapore 50.70 Jan/19
South Africa 49.90 Jan/19
South Korea 48.30 Jan/19
Spain 52.40 Jan/19
Switzerland 54.30 Jan/19
Turkey 44.20 Jan/19
United Kingdom 52.80 Jan/19
United States 54.90 Jan/19


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