Industrial production worsened in August, after recording a 12-month high in the previous month. In August, industrial production plummeted 11.7% over the same month last year, following the 2.8% contraction in July. All sub-components contracted over last month, with manufacturing output falling a steep 11.3% (July: -2.6% year-on-year). The annual average variation in industrial production confirms the deterioration suggested by the annual reading, stepping down from minus 7.1% in July to minus 8.0% in August.
Industrial production declines sharply in August
October 10, 2011
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Greece Economic News
October 10, 2016
In August, industrial production fell a working-day adjusted 0.3% compared to the same month last year, which contrasted the revised 4.7% expansion in July (previously reported: +4.1% year-on-year).
October 6, 2016
The number of unemployed fell by 5,357 in July, according to the Hellenic Statistical Authority (EL.STAT.).
October 3, 2016
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) deteriorated in September, erasing most of the gains made in August.
September 9, 2016
In July, industrial production rose a working-day adjusted 4.1% compared to the same month last year, which came in below the revised 7.9% expansion in June (previously reported: +7.5% year-on-year).
September 8, 2016
The number of unemployed fell by 6,800 in June, according to the Hellenic Statistical Authority (EL.STAT.).