Greece: Industrial production growth stays strong in March
May 10, 2017
Industrial production in Greece expanded a strong working-day adjusted 8.7% in March compared to the same month of last year, which was below February’s revised multi-year high of 11.0% growth (previously reported: +10.8% year-on-year). The healthy figure was driven by booming mining and quarrying production as well as strong growth in manufacturing output.
Meanwhile, industrial output expanded 0.4% in March over the previous month in working-day adjusted terms, which was below February’s 6.0% increase. Annual average growth in industrial production rose from February’s 3.9% to 4.9%.