Industrial production growth in Greece rose 8.4 percent year-on-year in June of 2022, picking up from an upwardly revised 3.6 percent increase in the prior month. It was the steepest rise in industrial activity since December 2021, as output rose sharply for electricity supply (13.2 percent) and manufacturing (7.6 percent), due to higher output for computer, motor vehicles (64.2 percent), electronic and optical products (33 percent), and wood and products of wood and cork (32.4 percent). On a seasonally adjusted monthly basis, industrial production expanded by 3.2 percent, picking up from the 2.7 percent rise in the previous month. source: National Statistical Service of Greece

Industrial Production in Greece averaged -0.21 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 August of 2022.

Industrial Production in Greece is expected to be 3.80 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
2022-07-08 09:00 AM May 3.2% -4.8% -4.8%
2022-08-10 09:00 AM Jun 8.4% 3.6% 2.8%
2022-09-09 09:00 AM Jul 8.4% 4.2%


Related Last Previous Unit Reference
Industrial Production 8.40 3.60 percent Jun 2022
Industrial Production Mom 2.40 -7.80 percent May 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
8.40 3.60 22.70 -13.80 2000 - 2022 percent Monthly
WDA

News Stream
Greek Industrial Output Growth at 6-Month High
Industrial production growth in Greece rose 8.4 percent year-on-year in June of 2022, picking up from an upwardly revised 3.6 percent increase in the prior month. It was the steepest rise in industrial activity since December 2021, as output rose sharply for electricity supply (13.2 percent) and manufacturing (7.6 percent), due to higher output for computer, motor vehicles (64.2 percent), electronic and optical products (33 percent), and wood and products of wood and cork (32.4 percent). On a seasonally adjusted monthly basis, industrial production expanded by 3.2 percent, picking up from the 2.7 percent rise in the previous month.
2022-08-10
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