Industrial production slowed its downward spiral in July, after recording the sharpest contraction since April 2009 in the previous month. In July, industrial production declined 2.8% over the same month last year, following the 13.5% contraction in June. All sub-components improved over last month's result with manufacturing output falling 2.3% (June: -12.4% year-on-year). The annual average variation in industrial production confirms the improvement suggested by the annual reading, stepping up from minus 7.6% in June to minus 7.2% in July.
Industrial production declines less sharply in July
September 9, 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.).