Industry in Greece

Greece Industry | Economic News & Forecasts

Greece - Industry

Industrial production growth slows in December

Industrial production rose 1.1% year-on-year in working-day adjusted terms in December, moderating from November’s revised 4.2% expansion (previously reported: +3.1% year-on-year), which had marked an over one-year high. December’s moderation was chiefly driven by the mild contraction in manufacturing output, which rose strongly in the previous month.

On a month-on-month basis, industrial production dipped 1.6% in December, contrasting the 3.6% increase logged in November. Meanwhile, annual average growth in industrial production ticked down from 1.1% in November to 1.0% in December.


Greece Industrial Production Forecast


FocusEconomics Consensus Forecast panelists see industrial production expanding 1.3% in 2019, which is down 0.2 percentage points from last month’s forecast. In 2020, the panel sees industrial production growing 1.7%.

Greece - Industry Data

2013  2014  2015  2016  2017  
Industrial Production (annual variation in %)-3.2  -1.9  1.0  2.5  4.5  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Greece Industry Chart


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

Greece Facts

ValueChangeDate
Bond Yield4.290.76 %Feb 20
Exchange Rate1.130.65 %Feb 20
Stock Market672-1.46 %Feb 20

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Start Your Free Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

  • Greece: Industrial production growth slows in December

    February 8, 2019

    Industrial production rose 1.1% year-on-year in working-day adjusted terms in December, moderating from November’s revised 4.2% expansion (previously reported: +3.1% year-on-year), which had marked an over one-year high.

    Read more

  • Greece: Unemployment rate inches down in November

    February 7, 2019

    According to data released by the Hellenic Statistical Authority (ELSTAT), the number of unemployed workers fell by 5,948 in November compared with October while the seasonally-adjusted unemployment rate ticked down to 18.5% from 18.7% in the previous month.

    Read more

  • Greece: Manufacturing PMI ticks down in January

    February 1, 2019

    The IHS Markit manufacturing Purchasing Managers’ Index (PMI) inched down to a three-month low of 53.7 points in January from 53.8 points in December.

    Read more

  • Greece: Unemployment rate remains steady in October

    January 10, 2019

    According to data released by the Hellenic Statistical Authority (ELSTAT), the number of unemployed workers fell by 11,374 in October compared with September while the seasonally-adjusted unemployment rate remained unchanged at September’s 18.6%.

    Read more

  • Greece: Industrial production rebounds in November

    January 9, 2019

    Industrial production rose a solid 3.1% year-on-year in working-day adjusted terms in November, rebounding from October’s revised 0.7% dip (previously reported: -1.1% year-on-year) and marking the strongest expansion in over a year.

    Read more

Search form