FX.co ★ Greece Manufacturing PMI Edges Up in December

In December 2025, Greece's manufacturing sector saw a slight improvement, as indicated by the S&P Global Greece Manufacturing PMI, which inched up to 52.9 from November's 52.7. The growth in new orders quickened, bolstered by strong domestic demand and modest contributions from exports. However, the increase in output was the slowest observed in three months. Employment experienced a significant increase, primarily due to full-time hiring, and recorded the second-fastest growth rate since May, although it was marginally slower than in November. Inventories rose modestly amid longer delivery times, and while there was a continued decline in work backlogs, the rate of this decline moderated. On the pricing side, input cost inflation surged to a nine-month peak as a result of material shortages. Although selling prices increased at a quicker pace compared to November, the rate of growth was still one of the slowest of the year, as businesses aimed to maintain their competitive edge. Additionally, output expectations reached a seven-month high, driven by optimism for stronger demand and planned investments in machinery and the development of new products.