Industrial Production in Greece increased 3.30 percent in December of 2020 over the same month in the previous year. source: National Statistical Service of Greece

Industrial Production in Greece averaged -0.79 percent from 2000 until 2020, reaching an all time high of 11.90 percent in March of 2000 and a record low of -13.80 percent in January of 2009. This page provides the latest reported value for - Greece Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Greece Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on March of 2021.

Industrial Production in Greece is expected to be 0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Greece to stand at 5.10 in 12 months time. In the long-term, the Greece Industrial Production is projected to trend around 2.50 percent in 2022, according to our econometric models.

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Greece Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
3.30 8.90 11.90 -13.80 2000 - 2020 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-11-09 10:00 AM Sep -2.4% -4% -4.3%
2020-12-10 10:00 AM Oct -3.7% -2.1% -1.2%
2021-01-08 10:00 AM Nov 8.6% -3.5% -2.6%
2021-02-09 10:00 AM Dec 3.3% 8.9% 7.2%
2021-03-10 10:00 AM Jan 3.3% 1.9%
2021-04-09 09:00 AM Feb
2021-05-10 09:00 AM Mar
2021-06-10 09:00 AM Apr


News Stream
Greek Industrial Output Shrinks for 6th Month
Industrial production in Greece slumped 3.7 percent year-on-year in October of 2020, following a downwardly revised 2.1 percent decrease in the previous month. It was the sixth successive decline in industrial activity, amid the coronavirus pandemic. Output declined for electricity supply (-7.2 percent vs 5.4 percent in September); mining & quarrying (-3.8 percent vs -13.6 percent) and manufacturing (-3.1 percent vs -3.8 percent). On the other hand, activity rose faster for water supply (0.7 percent vs 0.2 percent). On a seasonally adjusted monthly basis, industrial output went down 3.1 percent, after an upwardly revised 1.5 percent increase in the prior month.
2020-12-10
Greek Industrial Output Shrinks for 5th Month
Industrial production in Greece dropped 2.4 percent over a year earlier in September 2020, following a 4 percent fall in the previous month. It was the fifth successive decline in industrial activity, amid the coronavirus pandemic. Output shrank for manufacturing (-4 percent) and mining & quarrying (-16.5 percent). On the other hand, production of both electricity supply (5.2 percent) and water supply (0.2 percent) rose. On a seasonally adjusted monthly basis, industrial output went up 1.4 percent, rebounding from a 1.1 percent decrease in the prior month.
2020-11-09
Greek Industrial Output Falls for 4th Month
Industrial production in Greece edged down 0.2 percent year-on-year in July of 2020, following a downwardly revised 4.6 percent fall in the previous month. It was the fourth consecutive month of falls in industrial activity, as output declined for electricity supply (-1.7 percent). Meantime, manufacturing production showed no growth. On the other hand, production of both water supply (0.8 percent) and mining & quarrying (5 percent) rose. On a seasonally adjusted monthly basis, industrial output climbed 3.9 percent, following a 2.9 percent gain in June.
2020-09-09
Greek Industrial Output Contraction Eases in June
Greece's industrial production contracted 4.9 percent from a year earlier in June 2020, following a 7.8 percent slump in the previous month, as output fell for all categories: energy (-9.8 percent vs -2.3 percent); consumer durables (-6.4 percent vs -36.8 percent); capital goods (-3.7 percent vs -12.1 percent); intermediate goods (-3.3 percent vs -11.2 percent); and consumer non-durable goods (-0.7 percent vs -7.4 percent).
2020-08-07

Greece Industrial Production
In Greece, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.