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2025-11-03 17:15:31
[Greek Manufacturing Sector Rebounds Against the Trend, PMI Reveals New Growth Drivers] ⑴ Greece's manufacturing PMI rose to 53.5 in October, a significant increase from 52.0 in September, maintaining expansion for the 12th consecutive month. ⑵ New orders and output showed synchronized acceleration, mainly benefiting from a robust recovery in domestic demand, but export orders remained contractionary. ⑶ Employment growth reached its highest level since May, with companies continuing to expand their workforce by increasing full-time hiring. ⑷ Input cost inflation climbed to its highest point since June, mainly due to the continued impact of raw material supply shortages. ⑸ Despite cost pressures, companies maintained competitiveness through price reductions and promotions, resulting in output price inflation falling to its lowest level since July. ⑹ The manufacturer confidence index jumped to its highest point since May, with investment plans and improved demand expectations being the main sources of optimism. ⑺ The current growth trend indicates that Greek manufacturing is entering the fourth quarter of 2025 with a stronger momentum.
