Greek PMI Rose to Nine-and-a-Half Year Highs in December

Greek PMI Rose to Nine-and-a-Half Year Highs in December

Business conditions in the Greek manufacturing sector improved in December at the fastest rate since June 2008, IHS Markit said in a report released on Tuesday. The report said that new order grew at the fastest rate in the the last nine-and-a-half years, with production recording the second biggest growth since August 2008 and business optimism rising to new record-highs.
 Markit said the Purchasing Managers' Index (PMI) rose to 53.1 points in December from 52.2 points in November, recording the strongest improvement of business conditions recorded since June 2008. The index remained on a growth course for the seventh successive month, the biggest period since 2008.

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