Greece's manufacturing activity expanded in August, after declining in the previous month, survey figures from Markit Economics showed Monday.
Seasonally adjusted Markit manufacturing purchasing managers' index, or PMI, rose to 50.1 in August from 48.7 in July. This marked the highest reading in three months and the first expansion since April.
A reading above 50 signals expansion in manufacturing activity.
Manufacturing production rebounded in August, after dropping in July for the first time in nine months.
New orders growth also accelerated, though at a marginal pace, after two consecutive months of decline.
However, employment levels continued to decline for the third consecutive month, though at a stable rate, in August.
Though input costs continued to increase, output prices continued to fall at a solid rate due to a competitive market.
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