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Greece Industrial production January 2024

Greece: Industrial output growth improves in January

Industrial output rose 3.1% in month-on-month seasonally adjusted terms in January, which was above December’s 0.9% increase. Looking at the details of the release, electricity supply output gained momentum while manufacturing production increased at a softer rate in January.

On an annual basis, factory output increased 10.3% in January, which was significantly better than December’s 4.5% expansion. Accordingly, annual average industrial production growth rose to 3.0% in January (December: +2.3%), signaling an improving trend in the industrial sector.

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