Purchasing Managers' Index

Greek consumers are slowly regaining their optimism, but businesses are increasingly pessimistic, and it is on them that the long-term prosperity of consumers depends. This contradiction is revealed in the Business and Consumer Surveys for October released on Thursday by the Foundation for Economic and Industrial Research (IOBE).

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector stood at 44.3 points in October, according to a closely-watched business survey on Nov. 1.

Greek factory activity grew steadily in July, with production and new orders increasing, leading companies to hire more staff, a survey showed on Wednesday.

Greek factory activity grew at a faster pace in May, with sharp increases in new orders and production leading companies to hire more workers, a survey showed on Friday.

While Greek consumers and enterprises still foresee an economic rebound, their expectations have cooled somewhat, as considerable uncertainties concerning the course of the economy remain, particularly as regards when the country emerges from its bailout program this summer.

Turkey's Purchasing Managers' Index (PMI) for the manufacturing sector slid to 48.9 points in April, according to a closely-watched business survey on May 2.

There will be competition this year to find a punchy way to sum up this transitional, and potentially transformative, year for Greece. "Clean exit" is one of the terms that has been thrown about a lot recently, while even the "Grecovery" mantra of 2014 has been repeated in the past few months by those expecting to reap the benefits of Greece completing its third bailout this summer.

Greek manufacturing activity kept expanding in December as new orders grew at the fastest pace in over nine years, leading firms to increase hiring and production, a survey showed on Tuesday.

Employment in Greek manufacturing grew at the highest rate seen in the last 18 months in November, according to the latest report on Markit's Purchasing Managers Index (PMI) issued on Friday.

Manufacturing companies were hiring as a result of new orders posting the biggest rise since February 2014.

The Purchasing Managers’ Index (PMI) for Turkey’s manufacturing sector reached 52.9 in November amid strong demand, a closely monitored business survey revealed on Dec. 1.