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Greece Industrial production January 2023

Greece: Industrial output rebounds in January

Industrial output expanded 0.5% year on year in working-day adjusted terms in January, which contrasted December’s 1.4% decrease. January’s rebound came on the back of an improvement in manufacturing and water supply production.

On a seasonally adjusted monthly basis, industrial production fell 1.3% in January (December: +0.1% mom). Meanwhile, the trend improved modestly, with the annual average growth of industrial production coming in at 2.4% in January, up from December’s 2.3%.

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