Greece’s Manufacturing PMI Rises to 53.2 in December, Indicating Economic Growth
The S&P Global Purchasing Managers’ Index (PMI) for Greece’s manufacturing sector reached 53.2 in December, up from 50.9 in November. This marks the strongest improvement in the health of the manufacturing sector since July, driven by increased production, new orders, and higher demand from both local and international clients. Employment opportunities also rose as companies reported a positive outlook for production in the coming year. However, input costs increased at the fastest rate since July, prompting manufacturers to raise output prices accordingly.