Greece Industry April 2018

Greece

Greece: Industrial production picks up in April

June 8, 2018

Industrial production expanded a working-day-adjusted 1.9% annually in April, accelerating from March’s revised 1.2% expansion (previously reported: +1.1% year-on-year). The increase was chiefly driven by a rebound in manufacturing output.

On a month-on-month basis, however, industrial output contracted 5.3% in working-day adjusted terms in April, following a revised 6.1% expansion (previously reported: +6.0% month-on-month) in March. Meanwhile, annual average growth in industrial production ticked up to 2.2% in April from 2.1% in March.

Greece Industrial Production Forecast


FocusEconomics Consensus Forecast panelists see industrial production expanding 2.2% in 2018, which is down 0.4 percentage points from last month’s forecast. In 2019, the panel sees industrial production growing 2.5%.


Author:, Economist

Sample Report

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

Download

Greece Industry Chart


Greece Industry April 2018

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