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.

Greece Manufacturing PMI
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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
Australia 52.70 May/19
Brazil 50.20 May/19
Canada 49.10 May/19
China 50.20 May/19
Euro Area 47.70 May/19
France 50.60 May/19
Germany 44.30 May/19
India 52.70 May/19
Indonesia 51.60 May/19
Italy 49.70 May/19
Japan 49.80 May/19
Mexico 50.00 May/19
Netherlands 52.20 May/19
Russia 49.80 May/19
Saudi Arabia 57.30 May/19
Singapore 49.90 May/19
South Africa 45.40 May/19
South Korea 48.40 May/19
Spain 50.10 May/19
Switzerland 48.60 May/19
Turkey 45.30 May/19
United Kingdom 49.40 May/19
United States 50.50 May/19


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