Greece: Industrial production slows in September
November 9, 2015
In September, industrial production rose a working-day adjusted 2.8% compared to the same month last year, which was below the revised 4.1% expansion tallied in August (previously reported: +4.5% year-on-year). August’s reading had marked a five-month high. September’s moderation reflected slower growth in manufacturing production and electricity production.
Industrial output in September rose 5.7% over the previous month in seasonally-adjusted terms, which notably contrasted August’s revised 9.0% decrease (previously reported: -8.7% month-on-month). Annual average variation in industrial production swung from minus 0.3% in August to plus 0.3% in September.