Financial News: Greece Manufacturing Activity Regains Growth Momentum

Greece Manufacturing Activity Regains Growth Momentum

11/03/2025 - 08:35:00 (RTTNews)

(RTTNews) - Greece's factory activity expanded at an accelerated pace in October amid stronger growth in output, new orders, and employment, survey data from S&P Global showed on Monday.

The manufacturing Purchasing Managers' Index rose to 53.5 in October from 52.0 in September. A reading above 50.0 indicates expansion.

Production growth quickened in October on the back of a sustained upturn in new business inflows and new client wins as a result of greater marketing spend.

In line with greater new order inflows, manufacturers raised their employment level sharply. Meanwhile, international orders fell at a slower pace.

The survey also revealed that there was a rise in stocks of purchases for the first time since June, and purchasing activity rose at the fastest pace since July 2024 amid the combined effect to tackle material shortages and quicken new order fulfillment.

On the price front, input price inflation rose to a 4-month high, linked to shortages of key primary items. As a result of discounting measures, selling price inflation slowed to the weakest since July.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Poland Core Inflation Slows For Second Month To Hit 6-Year Low (05 hr(s), 12 min(s), 23 sec(s) ago)
(RTTNews) - Poland's core inflation eased for a second straight month in November, in sync wit ...Full Story»

U.S. Business Inventories Increase In Line With Estimates In September (06 hr(s), 09 min(s), 23 sec(s) ago)
(RTTNews) - The Commerce Department released a report on Tuesday showing business inventories in t ...Full Story»

U.S. Retail Sales Unchanged In October As Auto Sales Tumble (06 hr(s), 21 min(s), 23 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Tuesday showed retail sales in the U.S ...Full Story»

U.S. Job Growth Exceeds Estimates In November After October Slump (06 hr(s), 39 min(s), 23 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by more than expected in the month of November, accor ...Full Story»

UK Unemployment Rate Rises (07 hr(s), 48 min(s), 23 sec(s) ago)
(RTTNews) - The UK unemployment rate rose slightly in the three months to October, the Office for ...Full Story»

Eurozone Private Sector Growth Moderates In December (07 hr(s), 55 min(s), 23 sec(s) ago)
(RTTNews) - The euro area private sector growth eased in December as the manufacturing sector cont ...Full Story»

U.S. Retail Sales Unexpectedly Unchanged In October (08 hr(s), 07 min(s), 23 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Tuesday showed retail sales in the U.S ...Full Story»

U.S. Employment Climbs More Than Expected In November (08 hr(s), 11 min(s), 23 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by more than expected in the month of November, accor ...Full Story»