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 July 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.