Greek PMI Rose Strongly to 55.2 Points in January

Greek PMI Rose Strongly to 55.2 Points in January

The Greek Purchasing Managers' Index (PMI) rose strongly to 55.2 points in January, from 53.1 in December, showing the biggest improvement in business conditions for more than 10 years.
In a monthly report, Markit said growth was supported by strong demand from both the domestic and external markets. This fact encouraged companies to raise their workforce at the fastest rate ever recorded, contributing to another significant increase in production. Moreover, the volume of pending works grew for the first time since June 2008, while business optimism grew to reach another record.

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