• Greek manufacturing PMI falls to 46.5 in April

Market news

4 May 2015

Greek manufacturing PMI falls to 46.5 in April

Markit Economics released its manufacturing purchasing managers' index for Greece on Monday. The Greek manufacturing PMI dropped to 46.5 in April from 48.9 in March. It was the lowest level since June 2013.

It was the eight consecutive decline.

The fall was driven by weak demand from domestic and foreign markets.

The new orders and employment index decreased both in April due to the uncertainty over the Greek debt crisis.

Input price inflation climbed in April as raw material prices increased.

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