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Greece Industrial production December 2023

Greece: Industrial output rebounds in December

Industrial output grew 0.7% in month-on-month seasonally adjusted terms in December, which contrasted November’s 4.1% decrease. December’s improvement was largely due to rebounds in manufacturing and mining and quarrying output. In addition, electricity supply production fell at a more moderate rate.

On an annual basis, industrial production rose at a faster rate of 4.3% in December (November: +3.2% yoy). Moreover, the trend improved, with the annual average growth of industrial production coming in at 2.2% in December, up from November’s 1.8% reading.

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