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
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Industrial Production (annual variation in %) | -3.2 | -1.9 | 1.0 | 2.5 | 4.5 |
Greece Industry Chart
Source: National Statistical Service and FocusEconomics calculations.
Greece Facts
| Value | Change | Date | |
|---|---|---|---|
| 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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Economic News
Greece: Unemployment rate falls in May
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%).
Greece: Industrial production slows in June
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).
Greece: Manufacturing PMI unchanged in July
August 1, 2018
The IHS Markit manufacturing Purchasing Managers’ Index (PMI) was steady in July, unchanged at June’s 53.5 points.
Greece: Unemployment rate inches up in April
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.
Greece: Industrial production slows in May
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).
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