FX.co ★ Greek Manufacturing Growth Hits 11-Month High

The S&P Global Greece Manufacturing PMI significantly increased to 55.0 in March 2025 from 52.6 in February, marking its most robust expansion in almost a year. This growth was driven by a surge in output, new orders, and employment. Notably, production rose at its fastest rate since April 2024, buoyed by strong demand both domestically and internationally, particularly within the construction sector. New orders and export sales experienced their most substantial gains in nearly a year, encouraging manufacturers to intensify hiring at the highest rate since January 2022. However, supply chain constraints resulted in the steepest rise in input costs since November 2022, which in turn led to increased selling prices. In spite of these inflationary pressures, manufacturers remained optimistic, with confidence peaking at its highest level since January 2024, bolstered by hopes for ongoing demand growth and sustained activity in the construction industry.