New data S&P Global Manufacturing PMI (Sep)
10/1/2024
actual 50.3, previous 52.9
The event is the S&P Global Manufacturing PMI (Purchasing Managers' Index) for Greece in September 2024. The actual PMI value reported is 50.3, which is a decrease of 2.6 points from the previous value of 52.9. The PMI is a key economic indicator that provides insight into the economic health of the manufacturing sector.A PMI value above 50 indicates expansion in the manufacturing sector, while a value below 50 indicates contraction. In this case, the actual PMI of 50.3 is lower than the previous value, signaling a slight contraction in manufacturing activity in Greece for the month of September.
Given the high impact of this event, investors and analysts are likely to closely monitor this data point as it can influence market expectations and trading decisions related to the Euro (EUR) currency.
This is not investment advice. Remember to verify the information provided here.
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