Industry in Greece

Greece Industry | Economic News & Forecasts

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  

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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 Yield4.670.76 %Aug 15
Exchange Rate1.130.65 %Aug 15
Stock Market720-1.46 %Aug 14

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