Greece: Industrial production rebounds in August
October 9, 2015
In August, industrial production rose a working-day adjusted 4.5% compared to the same month last year, which contrasted the revised 1.7% decrease tallied in July (previously reported: -1.6% year-on-year) and marked a five-month high. August’s improvement reflected a rebound in manufacturing production and water supply.
Industrial output in August fell 8.7% over the previous month in seasonally-adjusted terms, which notably contrasted July’s revised 7.3% increase (previously reported: +7.5% month-on-month). Annual average variation in industrial production fell from minus 1.1% in July to minus 0.3% in August.