FX.co ★ Greek Manufacturing Activity Growth Slows in June

The S&P Global Greece Manufacturing PMI slightly declined to 53.1 in June 2025, down from 53.2 in May. This represents the slowest growth in manufacturing activity since February. The deceleration was primarily due to reduced export demand, influenced by global uncertainties and US tariffs, which somewhat counteracted the stronger increase in new domestic orders. Despite this, production levels and purchasing activities remained robust, and employment rose for the seventh month in succession, albeit at the slowest pace since January. Companies also reduced their work backlogs, and inventories increased for the first time in three months. In terms of pricing, input costs escalated at a quicker rate due to rising energy and raw material prices, while output price inflation reached its highest rate since March. Lastly, business confidence fell to its lowest point in eight months, weighed down by growing geopolitical and economic worries.