The Greek manufacturing sector contracted sharply in September as firms scaled back production in line with a further notable drop in intakes of new work, Markit Economics said Monday.
The Purchasing Managers' Index rose slightly to 42.2 in August from 42.1 in July.
The survey revealed that output levels drop on sharp decrease in new orders. Employment and purchasing activity were adjusted downwards and stocks further depleted.
Foreign order intakes marked the steepest fall since January 2009. At the same time, cost pressure was the strongest for over a year.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.