The S&P Global Greece Manufacturing PMI increased to 49.7 in September 2022 from 48.8 in the previous month. Firms signaled a sharp decline in production following a continued contraction in new orders linked with demand and soaring prices. Weak domestic and foreign demand also impacted job creation, with employment registering a second monthly fall. On the price front, input costs increased amid higher material and energy expenses, which firms passed down to customers. Still, manufacturers remained confident of a rise in output over the next 12 months. source: Markit Economics
Manufacturing PMI in Greece averaged 49.21 points from 2011 until 2022, reaching an all time high of 59.30 points in August of 2021 and a record low of 29.50 points in April of 2020. 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 - data, historical chart, forecasts and calendar of releases - was last updated on October of 2022.
Manufacturing PMI in Greece is expected to be 54.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Manufacturing PMI is projected to trend around 54.60 points in 2023 and 52.80 points in 2024, according to our econometric models.