In September, industrial production declined a working-day adjusted 7.3% over the same month last year. The print contrasted the 2.7% rise observed in August (previously reported: +2.5% year-on-year), which had represented the first annual increase since November 2007. The deterioration was broad-based, as all the main categories contracted over the previous month. In particular, manufacturing output and production of electricity recorded the largest losses. As a result, the trend now points downward, with annual average variation in industrial production stepping down from minus 5.4% in August to minus 5.9% in September.
Industrial production resumes downward trend in September
November 9, 2012
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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.).