Greece Manufacturing PMI

The IHS Markit Greece Manufacturing PMI edged up to 54.7 in March of 2019 from 54..2 in February, pointing to the biggest rise in manufacturing activity in a year. Output increased at the fastest pace since February of 2018 amid more robust client demand. Also, new business rose at a strong pace and the rise in new exports accelerated. Job creation was the strongest since data collection began. On the price front, input prices rose the most in four months due to higher raw material costs and a poor harvest and output prices also accelerated. Finally, manufacturers were more upbeat towards future output growth amid expectations of a further upturn in new orders. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 52.40 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.

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Greece Business	Last	Previous	Highest	Lowest	Unit
Business Confidence	101.30	101.30	120.50	75.30	Index Points	[+]
Manufacturing PMI	54.70	54.20	56.10	30.20		[+]
Industrial Production	2.30	4.20	11.90	-13.80	percent	[+]
Industrial Production Mom	-2.70	2.00	8.00	-7.70	percent	[+]
Manufacturing Production	3.10	1.50	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	9517.00	7561.00	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	120.00	135.00	261.00	15.00	Thousand Tonnes	[+]
Mining Production	8.90	-32.10	39.70	-32.10	percent	[+]
Changes In Inventories	1075.23	1776.81	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	3958.00	5355.00	5876.00	3094.00	Gigawatt-hour	[+]

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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	54.70	54.20	56.10	30.20	2011 - 2019		Monthly	SA

Country	Last		Previous	Range
Australia	51.00	Mar/19	54	62.5 : 29.47
Brazil	52.80	Mar/19	53.4	53.5 : 41.6
Canada	50.50	Mar/19	52.6	57.1 : 47.5
China	50.80	Mar/19	49.9	52.3 : 47.2
Euro Area	47.80	Apr/19	47.5	60.6 : 33.5
France	49.60	Apr/19	49.7	58.8 : 42.7
Germany	44.50	Apr/19	44.1	63.3 : 32
India	52.60	Mar/19	54.3	55 : 47.9
Indonesia	51.20	Mar/19	50.1	58.5 : 46.4
Italy	47.40	Mar/19	47.7	59 : 47.4
Japan	49.50	Apr/19	49.2	56.2 : 29.6
Mexico	49.80	Mar/19	52.6	57.1 : 49.2
Netherlands	52.50	Mar/19	52.7	63.4 : 48
Russia	52.80	Mar/19	50.1	54.7 : 47.6
Saudi Arabia	56.80	Mar/19	56.6	61.8 : 51.4
Singapore	50.80	Mar/19	50.4	53.1 : 48.3
South Africa	45.00	Mar/19	46.2	60.87 : 35.09
South Korea	48.80	Mar/19	47.2	52.6 : 45.7
Spain	50.90	Mar/19	49.9	56.1 : 41.1
Switzerland	50.30	Mar/19	55.4	66.9 : 32.8
Turkey	47.20	Mar/19	46.4	55.7 : 42.7
United Kingdom	55.10	Mar/19	52.1	61.5 : 34.4
United States	52.40	Apr/19	52.4	57.9 : 50.7