The IHS Markit Greece Manufacturing PMI rose to 55.2 in January 2018, up from 53.1 in December, as the 50-point threshold separating growth from recession.
The performance marks the eighth straight increase in industrial activity in the country, reaching a more than 10-year high. According to Markit Economics, growth in Greece was driven by a strong rise in new orders, the highest since October of 2007, with strong client demand in both domestic and foreign markets.
Business confidence also reached a record high in January 2018, enhanced by expectations of higher investment and improving economic conditions.
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Photo Source: Wikimedia Commons Copyright: Tilemahos Efthimiadis License: CC-BY-SA
Source: naftemporiki.gr
