Greek producers of goods indicated faster production increasing during February, thus supporting another moderate health recovery of the sector processingaccording to the latest data in the PMI index from S & p global.

The functional conditions have improved again, although at a slightly milder rate. Despite the sharp increase in production, the increase in new orders slowed down during the month due to reports of less intense demand from the interior. However, the rate of job creation has been accelerated and was the fastest recorded since May 2024, as companies also increased input markets in their quest to mitigate the impact of continuing delays in the supply chain and overcoming difficulties. Meanwhile, although historically increased, the degree of confidence in the prospects for production in the following year has fallen to a low four -month

At the same time, the input costs increased at the fastest rate recorded since November 2022. However, companies have increased sales prices at a milder pace in their attempt to remain competitive.

Closing at 52.6 points in February, the seasonally customized S&P Global Supplies Index for the processing sector in Greece (Purchasing Managers’ Index – PMI) recorded marginally lower than 52.8 points recorded in the first month of 2025. Although it was the weaker one recorded in three months. However, the rate of overall development of the sector was more intense than the average in the history of research.

The recovery of operating conditions was contributed to the increasing increase in production in Greek manufacturing companies in February. The rate of growth was the second fastest recorded since June 2024 and intense in the context of historical data in the research. Panel members reported that the highest levels of production were due to the continued increase in new orders and a favorable sales climate.

However, the rate of growth of new orders slowed, from the one observed in January, to the weaker one recorded in three months. Companies continued to report that demand was maintained, but some reported the interest of customers inside.

In addition, the rate of growth of new export orders has slightly exceeded the new sales in the middle of the first quarter. Although companies have recorded a moderate recovery of new export sales, the rate of growth has also faded on the slower recorded since last November.

In proportion to the continued increase in production requirements, manufacturers increased the number of employees at a faster pace in February. The rate of job creation was the fastest recorded in nine months and in general. Companies have largely attributed the highest levels of staff to the addition of full -time employees.

Greek producers of goods recorded yet another reduction in the volume of undeclared work in February, as increased employment has helped to reduce the volume of work in pending. In addition, the rate of reducing the unexpected work was the fastest recorded since December 2023.

Meanwhile, the cost of inputs increased at the fastest pace recorded since November 2022.

However, in their attempt to be competitive in prices and continue to increase new orders, Greek manufacturers increased billing prices at a weaker pace in February. The rate of increase in sales prices was the slowest recorded in three months, although higher than the average of the investigation.

Despite increases in cost costs, producers of goods increased their purchasing activity at a steady pace in the middle of the first trimester. Members of the panel reported that ongoing delays in deliveries on the part of suppliers had made their efforts to make up for stocks. In addition, supplies and ready -made stocks resumed in February, and at a faster rate.

Suppliers’ performance has been firmly deteriorated, but to the lesser degree recorded since December 2023.

Finally, business confidence in the prospects for production in the following year remained high in February based on historical data. However, the degree of optimism has fallen sharply to the lowest one recorded in four months.

Siân Jones, head of S&P Global Market Intelligence, commented on his part:

“Greek manufacturers have recorded further development of the sector, as production and new orders have increased again in the middle of the first quarter of 2025. However, the increase in new sales faded, as there were reports of improving demand by overseas customers which exceeded the corresponding demand.

However, the producers of goods hired additional staff and increased the input markets at accelerated rates. However, the increase in markets was partially linked to the delays by suppliers. In addition, companies remained strongly optimistic about the prospects for production in the following year, despite a significant reduction in expectations.

February data indicated significant re -acceleration of increasing input costs. Prices were raised, as the rate of growth amounted to the fastest recorded since December 2023. However, the reluctance on the stability of demand on the part of the customers has led to careful pricing actions by manufacturers, as outflow charges increased.

According to our latest forecasts on the rise of the Consumer Price Index (ICT), a 2.3% increase in 2025 is expected, as companies are likely to absorb some of the most intense cost pressure on their efforts to secure new orders. “