FX & CFD trading involves significant risk
Markit Economics released its final manufacturing purchasing managers' index (PMI) for Greece on Tuesday. Greece's manufacturing purchasing managers' index (PMI) climbed to 48.1 in November from 47.3 in October.
The contraction of production eased in October, while job shedding also eased.
"The Greek manufacturing sector appears to be edging towards stability, judging from the latest PMI survey data. The rate at which operating conditions are deteriorating seems to have shifted into a lower gear, suggesting the economy is slowly adapting to the austerity measures that have been implemented by the government," Markit economist Samuel Agass said.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.