FOREX TradingCharts.com

Financial News: Greece Manufacturing Growth At 4-month Low

Greece Manufacturing Growth At 4-month Low

11/01/2019 - 07:58:00 (RTTNews)

(RTTNews) - Greece's manufacturing growth slowed, though marginally, to the lowest level in four months in October, amid weaker expansion in output and new orders, data from IHS Markit showed on Friday.

The Manufacturing purchasing managers' index, or PMI, fell to 53.5 in October from 53.6 in September. Any reading above 50 indicates an expansion in the sector.

The rate of production growth decreased for the second month in a row in October, but remained robust, while new orders increased at the strongest pace. The total new orders rose at a slower rate.

The rate of job creation rose at the fastest pace since April as firms eased pressure on capacity though production requirements were higher. The backlogs of work were reduced marginally at the slowest rate for four months.

On the price front, input costs rose in October, while firms cut their output charges for the first time in four months to stay competitive.

Buying activity increased due to greater new order volumes, with pre- and post-production inventories depleted further as firms fulfilled orders from stocks.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2019 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea Import Prices Fall For Fifth Month (12 min(s), 29 sec(s) ago)
(RTTNews) - South Korea's import prices fell for the fifth month in a row in October, data fro ...Full Story»

Powell Reiterates Interest Rates Likely To Remain On Hold (09 hr(s), 35 min(s), 29 sec(s) ago)
(RTTNews) - Federal Reserve Chairman Jerome Powell testified before Congress on Wednesday, reitera ...Full Story»

U.S. Consumer Prices Rise 0.4% Amid Rebound In Energy Prices (13 hr(s), 20 min(s), 29 sec(s) ago)
(RTTNews) - Partly reflecting a substantial rebound in energy prices, the Labor Department release ...Full Story»

UK Consumer Price Inflation At 3-year Low (13 hr(s), 33 min(s), 29 sec(s) ago)
(RTTNews) - UK consumer price inflation eased more-than-expected in October to its lowest level in ...Full Story»

India Inflation Accelerates More Than Expected (14 hr(s), 0 min(s),29 sec(s) ago)
(RTTNews) - India's inflation accelerated more-than-expected in October, figures from the stat ...Full Story»

U.S. Consumer Prices Rise Slightly More Than Expected In October (14 hr(s), 04 min(s), 29 sec(s) ago)
(RTTNews) - Partly reflecting a substantial rebound in energy prices, the Labor Department release ...Full Story»

New Zealand Food Prices Fall In October (16 hr(s), 01 min(s), 29 sec(s) ago)
(RTTNews) - New Zealand food prices fell for the first time in four months in October, mainly due ...Full Story»

Portugal Consumer Prices Unchanged In October As Estimated (16 hr(s), 08 min(s), 29 sec(s) ago)
(RTTNews) - Portugal's consumer prices remained unchanged annually in October, as initially es ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea Import Prices Fall For Fifth Month

11/13/2019 - 22:29 PM (RTTNews)
(RTTNews) - South Korea's import prices fell for the fifth month in a row in October, data fro ...Full Story>>

Powell Reiterates Interest Rates Likely To Remain On Hold

11/13/2019 - 13:06 PM (RTTNews)
(RTTNews) - Federal Reserve Chairman Jerome Powell testified before Congress on Wednesday, reitera ...Full Story>>

U.S. Consumer Prices Rise 0.4% Amid Rebound In Energy Prices

11/13/2019 - 09:21 AM (RTTNews)
(RTTNews) - Partly reflecting a substantial rebound in energy prices, the Labor Department release ...Full Story>>

UK Consumer Price Inflation At 3-year Low

11/13/2019 - 09:08 AM (RTTNews)
(RTTNews) - UK consumer price inflation eased more-than-expected in October to its lowest level in ...Full Story>>

India Inflation Accelerates More Than Expected

11/13/2019 - 08:41 AM (RTTNews)
(RTTNews) - India's inflation accelerated more-than-expected in October, figures from the stat ...Full Story>>
Copyright © 2019. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.