June data indicated further increase in operational conditions throughout the Greek sector processingaccording to the latest data of the PMI® index from S & P Global. It is noted that the overall increase came from the strongest rise in new orders, which in turn supported the highest levels of production in the premises of producer goods in the middle of the year. Increased new sales focused mainly on the interior, as new export orders have fallen slightly faster due to global economic uncertainty. Input markets and employment have increased at a similar rate, although the latter increased at the slower pace recorded since January, due to limited business confidence in the prospects for production in the following year.

In terms of prices, input costs increased at a stronger pace, as companies increased sales rates faster in their attempt to pass the cost of costing customers.

S&P Global’s seasonally customized index of supplies for the processing sector in Greece (Purchasing Managers’ Index ™ – PMI) closed at 53.1 points in June, remaining in general unchanged compared to May 53.2 units. The latest improvement in the health of the sector was generally significant and historically high, although the rate of growth faded to the slower recorded in February.

The new orders received by Greek manufacturers increased at a strong pace at the end of the second quarter, as the growth rate accelerated and was the fastest recorded in three months. Researchers said that the largest influx of new sales was due to the most optimistic demand conditions and the acquisition of new customers.

However, the rise of new work was limited by the second consecutive monthly decline in new export orders. The reduction in new sales from abroad was the fastest recorded since last October, as companies reported that global economic and geopolitical uncertainty, along with customs duties to the US to the US. They prevented the demand of customers from abroad.

However, production levels continued to increase at a significant rate in June. The rate of growth was almost unchanged compared to the one that was observed in the previous two months and more intense than the average research.

Meanwhile, according to reports, the highest cost of energy and raw materials, including food, has led to an increase in input prices during June. The rate of growth was accelerated and was the fastest recorded in three months. However, he was weaker than the trend in the survey

In their attempt to pass the highest cost to customers, Greek manufacturers again increased the sale prices at the end of the second quarter. The historically high rate of charges were the most intense recorded since March.

Greek producers of goods hired additional staff in the middle of the year, as employment levels increased for the seventh consecutive month. According to reports, the largest number of workers was due to increased production requirements. However, the rate of job creation has fallen to the weakest recorded since January.

Increased levels of staff helped, according to reports, the companies in reducing unspecified work in June, as renewed orders were reduced at a high rate. The rate of reduction was generally corresponding to the corresponding one in May.

Although, in June, manufacturers were confident in increasing production in the following year, levels of optimism declined to the lowest recorded since last October. According to reports from the members of the panel, confidence in the prospects was due to the hopes of strengthening demands, but some companies said that geopolitical and economic uncertainty has limited expectations.

Finally, manufacturing companies again increased input markets in June. Companies have increased their purchasing activity in proportion to the greatest flow of new orders. As a result of purchasing activity, pending the future increase in new sales, shopping stocks increased for the first time in three months

Although the increase in supplies was quite low, it opposed the faster reduction in stocks of ready -made products. According to reports, the companies made their sales using their stocks directly.

Although Greek manufacturers further deteriorated the suppliers’ performance, the recent delay in the delivery time of supplies was the least important recorded in the current period of 19 months of continuous reduction.

Siân Jones, head of S&P Global Market Intelligence, said: “Greek manufacturers have indicated continuous and strong growth throughout the area in June. The fastest rate of growth of new orders has boosted a rise in production, employment and markets. Although inflationary pressures gained some dynamic, the increase in the cost of inputs remained relatively mild in the context of historical research data. In the meantime, taking advantage of favorable demand conditions, increasing sales prices was the most intense that has been recorded in three months. However, there were evidence of cautiousness in prospects, as increased employment weakened to the milder degree recorded since the beginning of the year and business confidence has fallen by recording a low eight -month -old. Geopolitics and global economic uncertainty are projected to have a negative impact on production in the coming months, but nevertheless, according to the latest forecasts, we expect that industrial production will increase by 3% in 2025. “