Industry in Greece

Greece Industry | Economic News & Forecasts

Greece - Industry

Industrial production growth stays strong in March

Industrial production in Greece expanded a strong working-day adjusted 8.7% in March compared to the same month of last year, which was below February’s revised multi-year high of 11.0% growth (previously reported: +10.8% year-on-year). The healthy figure was driven by booming mining and quarrying production as well as strong growth in manufacturing output.

Meanwhile, industrial output expanded 0.4% in March over the previous month in working-day adjusted terms, which was below February’s 6.0% increase. Annual average growth in industrial production rose from February’s 3.9% to 4.9%.

FocusEconomics Consensus Forecast panelists see industrial production expanding 2.2% in 2017, which is up 0.4 percentage points from last month’s forecast. In 2018, the panel also sees industrial production growing 2.2%.

Greece - Industry Data

2011  2012  2013  2014  2015  
Industrial Production (annual variation in %)-5.7  -2.0  -3.2  -1.9  1.0  

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Greece Industry Chart

Greece Industry
Note: Annual variation of industrial production in %.
Source: National Statistical Service and FocusEconomics calculations.

Greece Facts

Bond Yield5.68-0.68 %May 10
Exchange Rate1.09-0.20 %May 10
Stock Market7921.75 %May 10

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