Markit Group
Economic sentiment sinks to lowest level in 18 months
By Dimitra Manifava
The mood regarding the economy in Greece is at its gloomiest in the last 18 months as the uncertainty over the future grows and fears of the worst are far from banished, according to a survey on economic sentiment by the Foundation for Economic and Industrial Research (IOBE) published on Tuesday.
PMI index slides anew in September
Greeces Purchasing Managers Index (PMI) fell last month to its lowest point this year, hitting 48.4 points below the zero-change point of 50 points according to Markit, which compiles the index.
- Read more about PMI index slides anew in September
- Log in to post comments
Greek factory activity returns to contraction in September - PMI
Greek factory activity contracted at the fastest rate in almost a year in September as output and new orders declined, a survey showed on Wednesday.
Markit's purchasing managers' index for manufacturing, which makes up about 10 percent of Greece's economy, fell to 48.4 in September from 50.1 in August, sliding back below the 50 mark that denotes growth.
Eurozone business growth slows in July, prices fall: PMI
By Jonathan Cable
Eurozone private business growth slowed more than expected this month, despite widespread price cutting, as manufacturing and service industry activity both dwindled, a survey showed on Thursday.
Greek PMI drops to nine-month low in July
The return to growth of the manufacturing sector proved short-lived, as the Purchasing Managers Index (PMI) dropped to a nine-month low in July to 48.7 points, against 49.4 points in June, according to Markit Economics.
- Read more about Greek PMI drops to nine-month low in July
- Log in to post comments
Eurozone manufacturing growth eases slightly
Eurozone manufacturing growth eased slightly more than previously thought last month and factories fulfilled existing orders to keep busy, a business survey showed on Tuesday.
- Read more about Eurozone manufacturing growth eases slightly
- Log in to post comments
Economic sentiment, consumer confidence on the rise
By Dimitra Manifava
The Greek economy appears to be entering a phase of stabilization as the Economic Sentiment Index and the Consumer Confidence Index compiled by the Foundation for Economic and Industrial research (IOBE) showed a new six-year and four-year high respectively last month.
Greek PMI at 51 points in May as eurozone manufacturing slows
Greeces manufacturing remained in growth territory in May, although the Purchasing Managers Index (PMI) fell slightly to 51 points, according to London-based Markit.
The PMI was at 51.1 in April. The PMI remained on the right side of the 50.0 mark in May, signalling steady albeit unspectacular growth at factories, said Markit analyst Phil Smith.
Greek factory activity grows again in April, survey shows
Greek factory activity expanded again in April thanks to the first rise in employment in six years and faster increases in output and new orders, a survey showed on Friday.
Manufacturing activity has veered between contraction and growth since it logged its first month of expansion since mid-2009 in January.
Eurozone recovery ‘gathering speed’
Further evidence emerged on Monday that the economic recovery across the 18-country eurozone is accelerating and, perhaps more importantly, spreading to the blocs debt-laden laggards.
- Read more about Eurozone recovery ‘gathering speed’
- Log in to post comments