Greece Industrial Output Rises for 5th Month

Industrial production in Greece rose by 5.3% year-on-year in January 2026, accelerating from a 3.9% increase in the previous month. This marked the fifth consecutive month of growth in industrial activity, driven by a 22.5% output increase (vs 1.3% in December) in electricity supply. Additionally, production continued to rise in the manufacturing sector (1.1% vs 3.8%), supported mainly by higher output of electronic and optical products, and basic pharmaceutical products and preparations. In contrast, water supply declined further (-3.4% vs -1.5%), while mining and quarrying plunged 16.2%, a sharp reversal from a 68.2% surge in the prior month. By industrial group, output increased for energy (16.1% vs 2.2%), consumer durables (20.4% vs 14.4%), and non-durables (4.1% vs 4.8%), while it declined for intermediate goods (-4% vs 2.8%) and capital goods (-3.7% vs 3.8%). On a seasonally adjusted monthly basis, industrial production rose by 0.5%, easing from a 1.4% gain in December.

Industrial production in Greece rose by 3.9% year-on-year in December 2025, slowing from an upwardly revised 4.3% increase in the previous month. This marked the fourth straight month of growth in industrial activity, but at a softer pace, driven by an ongoing decline in water supply (-1.5% vs -5.2% in November). At the same time, production growth softened in the manufacturing sector (3.8% vs 7%), primarily due to significantly lower output for motor vehicles, trailers and semi-trailers and basic metals. On the other hand, activity accelerated for mining and quarrying (68.2% vs 2.3%) and it recovered for electricity supply (1.3% vs -11.9%). By industrial group, growth slowed for intermediate goods (2.8% vs 5.3%), capital goods (3.8% vs 5.2%), and consumer non-durables (4.8% vs 6.1%), while it increased for energy (2.2% vs -3.5%) and consumer durables (14.4% vs 5.4%). On a seasonally adjusted monthly basis, industrial production rose by 1.4%, following a revised 1.8% gain in November.

Industrial production in Greece rose 2.6% year-on-year in November 2025, marking the third consecutive month of growth but slowing from a 6.4% gain in October. The deceleration was driven by slower manufacturing output (7.0% vs 4.2% in October) and mining and quarrying (2.3% vs 12.2%), alongside a sharp decline in electricity production (-11.9% vs 18.2%). Conversely, water supply (-5.2% vs -9.0%) continued to decline but at a slower pace. By industrial group, output growth slowed for consumer durables (5.4% vs 18.4%) and turned negative for energy (-3.5% vs 14.5%), while accelerating for intermediate goods (5.3% vs 0.9%), capital goods (5.2% vs 3.6%), and consumer non-durables (6.1% vs 3.4%). On a seasonally adjusted monthly basis, industrial production fell 1.6% in November, reversing a 0.7% increase in October.