Industry in Greece
Greece - Industry
Industrial production growth picks up in September
Industrial production growth gained steam in September, rising from August’s working-day adjusted 1.4% year-on-year to 2.0%. The result was driven chiefly by a jump in electricity production, along with growth in manufacturing output.
On a month-on-month basis, industrial production rose 4.3%, notably contrasting August’s over 10.0% fall which had marked the worst result in two years. Annual average growth in industrial production, however, edged down to 1.1% in September from 1.3% in August.
Greece Industrial Production Forecast
FocusEconomics Consensus Forecast panelists see industrial production expanding 2.1% in 2019, which is unchanged from last month’s forecast. In 2020, the panel sees industrial production also growing 2.1%.
Greece - Industry Data
|Industrial Production (annual variation in %)||-3.2||-1.9||1.0||2.5||4.5|
5 years of economic forecasts for more than 30 economic indicators.
Greece Industry Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||4.94||0.76 %||Dec 11|
|Exchange Rate||1.13||0.65 %||Dec 11|
|Stock Market||636||-1.46 %||Dec 11|
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December 4, 2018
According to provisional data released by the Hellenic Statistical Authority (ELSTAT), the Greek economy gained momentum in the third quarter, growing at the fastest pace since Q3 2007.
November 9, 2018
Industrial production growth gained steam in September, rising from August’s working-day adjusted 1.4% year-on-year to 2.0%.
November 8, 2018
According to data released by the Hellenic Statistical Authority (ELSTAT), labor market conditions improved in August and the number of unemployed workers fell by 7,886 persons compared with July.
November 2, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) edged down to 53.1 points in October from September’s 53.6 points.
October 10, 2018
Industrial production growth lost steam in August, slowing from July’s revised working-day adjusted 2.0% year-on-year (previously reported: 1.9% yoy) to 1.4%.