The IHS Markit Greece Manufacturing PMI rose to a three-month high of 54.6 in July from 52.4 in June. Output, new orders and employment increased at a faster pace. New export business also increased, albeit to a lesser extent than total new work. Meantime, inflationary pressures were relatively weak. Finally, optimism improved among firms regarding the future, with confidence the highest since data on sentiment were first collected in July 2012. Manufacturing PMI in Greece is reported by Markit Economics.

Manufacturing PMI in Greece is expected to be 52.50 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 52.90 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 105.30 101.00 120.50 75.30 Index Points [+]
Manufacturing PMI 54.60 52.40 56.60 30.20 [+]
Industrial Production 0.30 -0.10 11.90 -13.80 percent [+]
Industrial Production Mom 1.30 -1.60 6.90 -8.20 percent [+]
Manufacturing Production 1.00 3.60 18.70 -17.50 percent [+]
Capacity Utilization 72.30 70.30 83.80 61.30 percent [+]
New Orders -12.00 -14.00 6.00 -61.00 percent [+]
Car Registrations 8818.00 13131.00 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 125.00 115.00 261.00 15.00 Thousand Tonnes [+]
Mining Production -0.40 -11.90 38.50 -26.40 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 4165.00 3333.00 5876.00 1976.00 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
54.60 52.40 56.60 30.20 2011 - 2019 Monthly
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Country Last Previous
Australia 51.30 Jul/19
Brazil 49.90 Jul/19
Canada 50.20 Jul/19
China 49.90 Jul/19
Euro Area 47.00 Aug/19
France 51.00 Aug/19
Germany 43.60 Aug/19
India 52.50 Jul/19
Indonesia 49.60 Jul/19
Italy 48.50 Jul/19
Japan 49.50 Aug/19
Mexico 49.80 Jul/19
Netherlands 50.70 Jul/19
Russia 49.30 Jul/19
Saudi Arabia 56.60 Jul/19
Singapore 49.80 Jul/19
South Africa 52.10 Jul/19
South Korea 47.30 Jul/19
Spain 48.20 Jul/19
Switzerland 44.70 Jul/19
Turkey 46.70 Jul/19
United Kingdom 48.00 Jul/19
United States 49.90 Aug/19


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