FX.co ★ Greek Manufacturing Growth Moderates in April

In April 2025, the S&P Global Greece Manufacturing PMI registered at 53.2, down from 55.0 in March, reflecting a favorable enhancement in operating conditions, albeit with diminished growth momentum. The increase in production and new orders was driven by steady client demand and a growing inclination towards locally manufactured goods, though this pace moderated from the 10-month peak observed in March. Export orders experienced only a slight increase. Supply chain issues persisted, marked by extended delivery times and a modest rise in backlogs. Employment figures climbed for the fifth consecutive month, yet the rate of hiring decelerated to its lowest in three months. Input cost inflation eased to its mildest point since February 2024, resulting in a more tempered increase in output prices. Despite a slight drop from the highs of March, business confidence remained robust, buoyed by anticipated investments in machinery and product development.