Industry in Greece
Greece - Industry
Industrial production growth eases in April
Industrial production expanded a working-day adjusted 1.0% in April compared to the same month of last year, which was below March’s revised notable 10.1% growth (previously reported: +8.7% year-on-year). The deceleration was due to muted growth in manufacturing output, while mining and quarrying production continued to boom.
Meanwhile, industrial output contracted 4.6% in April over the previous month in working-day adjusted terms, which contrasted March’s 1.7% increase. Annual average growth in industrial production fell from March’s 5.1% to 4.8%.
FocusEconomics Consensus Forecast panelists see industrial production expanding 2.7% in 2017, which is unchanged from last month’s forecast. In 2018, the panel sees industrial production growing 2.2%.
Greece - Industry Data
|Industrial Production (annual variation in %)||-5.7||-2.0||-3.2||-1.9||1.0|
5 years of economic forecasts for more than 30 economic indicators.
Greece Industry Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||5.67||-3.49 %||Jun 16|
|Exchange Rate||1.12||0.43 %||Jun 16|
|Stock Market||806||0.80 %||Jun 16|
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June 9, 2017
Industrial production expanded a working-day adjusted 1.0% in April compared to the same month of last year, which was below March’s revised notable 10.1% growth (previously reported: +8.7% year-on-year).
June 8, 2017
The number of unemployed fell by 19,400 in March, according to the Hellenic Statistical Authority (EL.STAT.).
June 2, 2017
A complete dataset released on 2 June by the Hellenic Statistical Authority (EL.STAT) revealed that the economy performed much better than previously expected at the start of 2017.
June 1, 2017
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) inched up in May, but business conditions remained dismal in Greece’s manufacturing sector.
May 15, 2017
GDP figures from Greece’s crisis-hit economy show that the economy started the year on a sour note, as growth fails to emerge despite a number of economic reforms.