Greek manufacturing growth hits five-month low in October
Greece manufacturing sector expanded in October at its weakest pace since May as supply chain disruptions and rising energy costs intensified price pressures. Despite these challenges output and employment continued to rise.
Insights:
Greece's manufacturing sector expanded in October at its weakest pace since May as supply chain disruptions and surging energy, fuel, and transport costs intensified price pressures. The S&P Global Greece Manufacturing PMI fell to 53.3 in October from 54.0 in September, remaining above the 50 mark that separates growth from contraction. The slowdown signals mounting cost burdens for regional producers amid persistent geopolitical friction.
