Industrial production growth in Greece fell to 4.5 percent year-on-year in April of 2022, compared to an upwardly revised 8.1 percent expansion in the prior month. It was the steepest fall in industrial activity since June 2020, as output fell sharply in all sectors: mining and quarrying (-21.7 percent); electricity supply (-19.7 percent), water supply (-0.9 percent) and manufacturing (-0.5 percent). On a seasonally adjusted monthly basis, industrial production dropped 7.5 percent, compared to a 5.3 percent expansion in March. source: National Statistical Service of Greece

Industrial Production in Greece averaged -0.25 percent from 2000 until 2022, reaching an all time high of 22.70 percent in April of 2021 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 June of 2022.

Industrial Production in Greece is expected to be 4.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Industrial Production is projected to trend around 2.60 percent in 2023 and 2.50 percent in 2024, according to our econometric models.

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Greece Industrial Production



Calendar GMT Actual Previous Consensus TEForecast
2022-05-10 09:00 AM Mar 7.9% 4.8% 2.8%
2022-06-10 09:00 AM Apr -4.5% 8.1% 8.2%
2022-07-08 09:00 AM May -4.5%


Related Last Previous Unit Reference
Industrial Production Mom -7.50 5.30 percent Apr 2022
Industrial Production -4.50 8.10 percent Apr 2022
Manufacturing Production -0.50 4.40 percent Apr 2022
Mining Production -21.70 -14.00 percent Apr 2022
Changes In Inventories 6184.00 6304.00 EUR Million Mar 2022

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.
Actual Previous Highest Lowest Dates Unit Frequency
-4.50 8.10 22.70 -13.80 2000 - 2022 percent Monthly
WDA

News Stream
Greek Industrial Output Falls the Most in Near 2 Years
Industrial production growth in Greece fell to 4.5 percent year-on-year in April of 2022, compared to an upwardly revised 8.1 percent expansion in the prior month. It was the steepest fall in industrial activity since June 2020, as output fell sharply in all sectors: mining and quarrying (-21.7 percent); electricity supply (-19.7 percent), water supply (-0.9 percent) and manufacturing (-0.5 percent). On a seasonally adjusted monthly basis, industrial production dropped 7.5 percent, compared to a 5.3 percent expansion in March.
2022-06-10
Greek Industrial Output Grows in February
Industrial production growth in Greece was at 4.3 percent year-on-year in February of 2022, compared to a 0.2 percent contraction in the prior month. Main upward momentum came from the manufacturing industry (7.9 percent), due to growth for leather and related products, motor vehicles, trailers and semi-trailers, furniture, and electrical equipment. On the other hand, declines took place for mining and quarrying activity (-10.7 percent), electricity supply (-3.9 percent), and water supply (-0.1 percent). On a seasonally adjusted monthly basis, industrial production grew by 2 percent, compared to a 4.1 percent contraction in January.
2022-04-08
Greek October Industrial Output Growth at 6-Month High
Industrial production growth in Greece advanced to 16.5 percent year-on-year in October of 2021 from 9.9 percent in the previous month. It was the largest growth in industrial output since April of 2021 as production accelerated for electricity supply (30.8 percent) and manufacturing (14.7 percent), particularly for coke and refined petroleum products; computers, electronic and optical products; printing and reproduction of recorded products; wearing apparel, beverages, machinery and equipment, basic pharmaceutical products and pharmaceutical preparations; motor vehicles, trailers and semitrailers. Meanwhile, production declined for mining and quarrying (-4 percent) and water supply (-2.1 percent). On a seasonally adjusted monthly basis, industrial production grew 2.7 percent, accelerating from an upwardly revised 1.5 percent rise in September.
2021-12-10