Greece Industry

Greece

Greece: Industrial production contracts at a softer pace in December

February 8, 2013

In December, industrial production contracted a working-day adjusted 0.5% over the same month the year before, which followed the revised 3.2% drop observed in November (previously reported: -2.9% year-on-year).

The monthly print mostly reflected contractions in three out of the four categories that compose the index, with mining and quarrying recording the largest drop. That said, the all-important manufacturing sector improved over the previous month.

In the full year 2012, industrial production contracted 3.2% (2011: -7.8% yoy), which represents, nevertheless, the mildest decline since 2008.


Author:, Head of Data Solutions

Sample Report

Looking for forecasts related to Industry in Greece? Download a sample report now.

Download

Greece Industry Chart


Greece Industry December 2012

Note: Year-on-year changes and annual average variation of industrial production index in %.
Source: Hellenic Statistical Authority (EL.STAT) and FocusEconomics calculations.


Greece Economic News

More news

Search form