Industry in Greece
Greece - Industry
Industrial output rebounds in March
Industrial output increased 0.6% year-on-year in working-day adjusted terms in March (February: -3.2% year-on-year), breaking a streak of five consecutive months of contraction.
The upturn was primarily driven by a rebound in manufacturing production. Meanwhile, electricity supply output fell for the eleventh successive month in March.
On a working-day adjusted monthly basis, industrial production rose 5.8% in March (February: +1.4% month-on-month). Meanwhile, the trend improved slightly, with the annual average variation in industrial production coming in at minus 1.4% in March, up from February's minus 1.5%.
FocusEconomics Consensus Forecast panelists see industrial production contracting 8.9% in 2020, which is down 2.9 percentage points from last month’s forecast. In 2021, the panel sees industrial production growing 4.6%.
Greece - Industry Data
|Industrial Production (annual variation in %)||2.3||2.6||3.9||1.6||-0.8|
5 years of economic forecasts for more than 30 economic indicators.
Greece Industry Chart
Source: National Statistical Service and FocusEconomics calculations.
|Bond Yield||1.91||0.76 %||Jan 01|
|Exchange Rate||1.12||0.65 %||Dec 31|
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December 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) came in at 48.4 in November, up from October's 48.1.
November 17, 2022
Harmonized inflation came in at 9.5% in October, which was down from September’s 12.1%.
November 10, 2022
Industrial output dropped 1.1% year on year in working-day adjusted terms in September (August: +4.4% yoy).
November 3, 2022
September’s data pointed to an improvement in the labor market.
November 1, 2022
The S&P Global Manufacturing Purchasing Managers' Index (PMI) fell to 48.1 in October from September's 49.7.