Markit Economics released its final manufacturing purchasing managers' index (PMI) for Greece on Monday. Greece's manufacturing purchasing managers' index (PMI) climbed to 47.3 in October from 43.3 in September.
The contraction of production eased in October, while job shedding also eased.
"Overall, the lack of capital circulating through the economy continued to take its toll on operating conditions at Greek manufacturers. However, the economic decline appears to be slowing to a more stable pace," Markit economist Samuel Agass said.