Industry in Greece
Greece - Industry
Industrial production slows in June
Industrial production expanded a working-day adjusted 1.2% annually in June, decelerating from May’s revised 1.7% expansion (previously reported: +2.0% year-on-year). The moderation in output came chiefly on the back of softer growth in electricity production.
On a month-on-month basis, however, industrial output accelerated in June, growing 4.1% in working-day adjusted terms from a revised 4.0% increse in May (previously reported: +3.2% month-on-month). Meanwhile, annual average growth in industrial production inched down to 1.7% in June from 1.8% in May.
Greece Industrial Production Forecast
FocusEconomics Consensus Forecast panelists see industrial production expanding 1.7% in 2018, which is down 0.7 percentage points from last month’s forecast. In 2019, the panel sees industrial production 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||4.67||0.76 %||Aug 15|
|Exchange Rate||1.13||0.65 %||Aug 15|
|Stock Market||720||-1.46 %||Aug 14|
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August 10, 2018
According to data recently released by the Hellenic Statistical Authority (EL.STAT), the number of unemployed workers decreased by 18,029 in May compared with April and the seasonally-adjusted unemployment rate fell to 19.5% from a revised 20.0% in the previous month (previously reported: 20.2%).
August 10, 2018
Industrial production expanded a working-day adjusted 1.2% annually in June, decelerating from May’s revised 1.7% expansion (previously reported: +2.0% year-on-year).
August 1, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) was steady in July, unchanged at June’s 53.5 points.
July 12, 2018
According to data recently released by the Hellenic Statistical Authority (EL.STAT), the number of unemployed workers decreased by 7,698 in April compared with March.
July 10, 2018
Industrial production expanded a working-day adjusted 1.0% annually in May, decelerating from April’s revised 2.0% expansion (previously reported: +1.9% year-on-year).