Industry in Greece

Greece Industry | Economic News & Forecasts

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

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

ValueChangeDate
Bond Yield5.67-3.49 %Jun 16
Exchange Rate1.120.43 %Jun 16
Stock Market8060.80 %Jun 16

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