Greece Industrial Output Growth Eases in April

Industrial output in Greece rose 2.1% year-on-year in April 2026, easing from a downwardly revised twenty-month high of 8.2% in the previous month. Manufacturing growth slowed to 1.0% from 5.5%, reflecting weaker production in food products (0.8% vs 8.9%), textiles (10.4% vs 11.0%), wearing apparel (4.9% vs 14.8%), and chemicals (0.2% vs 3.6%). Additionally, production decreased in electricity supply (9.8% vs 24.6%). Output returned to growth in water supply (0.1% vs -1.5%), while the decline in mining and quarrying eased (-2.8% vs -5.4%). By industrial grouping, growth moderated in energy (9.0% vs 12.1%) and turned negative for consumer non-durables (-1.5% vs 12.0%) and durables (-12.0% vs 19.5%). Meanwhile, output growth accelerated in intermediate goods (1.9% vs 0.6%) and capital goods (6.0% vs 4.4%). On a seasonally adjusted monthly basis, industrial activity fell 3.5% in April, following an upwardly revised 1.4% gain in the preceding period.

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.

Industrial production in Greece rose by 1.8% year-on-year in February 2026, following an upwardly revised 5.7% surge in the prior month. This marked the sixth consecutive month of growth in industrial activity but the weakest performance in the ongoing streak, solely driven by manufacturing (2.9%). Notable increases were seen for the manufacture of other transport equipment (36.4%); motor vehicles, trailers and semi-trailers (28.7%); wearing apparel (34.2%); textiles (15.4%) and electrical equipment (14.2%), partly offset by a steep decline in coke and refined petroleum products (-21.7%), among others. On the other hand output fell for mining & quarrying (-8.4%); electricity supply (-1.4%) and water supply (-1%). On a seasonally adjusted monthly basis, industrial production shrank by 0.9%, the first decline in four months, after an upwardly revised 0.8% increase in the month before.