Industry in Greece

Greece Industry | Economic News & Forecasts

Greece - Industry

Industrial production growth inches down in July

Industrial production expanded a working-day-adjusted 1.7% in July compared to the same month of last year, which was a notch below June’s revised 1.8% growth (previously reported: +1.6% year-on-year). July’s result reflected solid electricity production and robust mining and quarrying output.

Industrial output expanded 3.0% in July over the previous month in working-day adjusted terms, which was down slightly from June’s 4.8% increase. Annual average growth in industrial production fell from June’s 4.5% to 4.2%.

FocusEconomics Consensus Forecast panelists see industrial production expanding 4.0% in 2017, which is down 0.1 percentage points from last month’s forecast. In 2018, the panel sees industrial production growing 2.3%, which is unchanged from last month’s forecast.

Greece - Industry Data

2012  2013  2014  2015  2016  
Industrial Production (annual variation in %)-2.0  -3.2  -1.9  1.0  2.5  

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Greece Industry Chart

Greece Industry
Note: Annual variation of industrial production in %.
Source: National Statistical Service and FocusEconomics calculations.

Greece Facts

Bond Yield5.400.76 %Oct 19
Exchange Rate1.190.65 %Oct 19
Stock Market746-1.46 %Oct 19

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