The S&P Global Greece Manufacturing PMI rose to 53.5 in October, up from 52.0 in September, indicating a faster expansion in the manufacturing sector. Output and domestic new orders grew at a quicker pace, while export orders continued to decline slightly. Employment increased strongly, supported mainly by full-time hires, helping to reduce backlogs. Input buying and inventories expanded sharply as firms sought to mitigate supply chain delays and raw material shortages, which also drove a faster rise in input costs. Despite these pressures, output price inflation remained moderate due to discounting strategies. Business confidence strengthened to its highest level since May, underpinned by investment plans and expectations of continued order growth, with S&P Global forecasting industrial production to rise 1.4% in 2025.