The coast of Greece

Greece Industry July 2019

Greece: Industrial production contracts at sharpest pace in over three years in July

Industrial production tumbled 2.1% year-on-year in working-day adjusted terms in July, contrasting June’s 0.3% increase and marking the sharpest fall since February 2016. July’s dip was largely driven by a decline in manufacturing output after it grew modestly in June. Furthermore, larger contractions in the mining and quarrying, and electricity supply sectors also weighed on the headline figure.

On a month-on-month basis, however, industrial production rose a robust 4.6% in July, accelerating from the 4.1% increase logged in June. Meanwhile, annual average growth in industrial production slid to 1.4% in July from 1.9% in June.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest