FX.co ★ Greek Manufacturing PMI Rises to 5-Month High

The S&P Global Greece Manufacturing PMI experienced an increase, reaching 54.2 in January 2026, up from 52.9 in December. This marks the highest level since the previous August. The growth was primarily driven by an acceleration in production, buoyed by enhanced customer confidence and a significant uptick in new orders—the fastest pace observed in the past five months. Demand showed improvement both domestically and internationally, as manufacturers reported a modest enhancement in export sales, particularly to European markets. In response to the increased workload, firms continued to expand their workforce, prolonging a period of job creation that commenced in late 2024. This augmentation in capacity was instrumental in reducing backlogs. However, cost pressures escalated, with input prices climbing at the most rapid rate since March 2025, largely attributable to rising metal and transport costs. Consequently, companies adjusted their selling prices upwards to reflect these increased costs. Supply chains encountered challenges due to protests and logistical issues, resulting in extended delivery times and diminished inventory levels. Looking forward, manufacturers maintain a positive outlook, anticipating further production growth throughout 2026.