Greece Industrial Output Climbs to 20-Month High

2026-05-11 09:33 By Jereli Escobar 1 min. read

Industrial output in Greece climbed 8.3% year-on-year in March 2026 from a revised 2.3% rise in the previous month, marking the strongest growth since July 2024.

Manufacturing output picked up (5.5% vs 3.6% in February), supported by gains in computers, electronic and optical products (37%), and basic pharmaceutical products and preparations (30.6%).

Production also rebounded strongly in electricity supply (24.6% vs -1.5%).

In contrast, water supply output declined further (-1.5% vs 1%), while mining and quarrying contracted at a softer pace (-5.4% vs -7.6%).

By industrial grouping, output recovered in energy (12.1% vs -6.4%) and consumer durables (19.5% vs -8.7%), while growth continued for non-durable goods (12% vs 7.1%).

Meanwhile, production growth eased for intermediate goods (0.7% vs 3.9%) and capital goods (4.4% vs 12.5%).

On a seasonally adjusted monthly basis, industrial activity rose 1.1% in March, recovering from a revised 0.5% decline in the prior month.



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