Industrial production continues to decline at a slower rate
- Written by E.Tsiliopoulos
The country's industrial production continued to decline in July, though at a slower rate, according to preliminary figures from the Hellenic Statistical Authority.
Industrial production fell 2.1% year-over-year in July following the revised 5.4% drop in June. This marked the fifth consecutive month of decline.
Mining and quarrying output and production of electricity tumbled 15.4% and 12.2%, respectively. Meanwhile, manufacturing production grew 2.3%.
On a month-over-month basis, industrial production rose 2% in July, after the revised 5.1% growth in June. This was the fourth straight month of increase.
Last time the industrial output index showed a rise, was in the last month of 2013.
Tagged under
Related items
-
Nick Maroutsos’ ultimate American dream
-
‘All you want is Greece’ this year’s tourism slogan for closely watched 2021 season
-
Greece to relax restrictions on May 14; major tourist islands fully vaccinated by end-June
-
EOT: The Greek sea is a vast, open museum
-
The Hellenic-American Cultural Foundation presents Justinian’s Hagia Sophia
Latest from E.Tsiliopoulos
- Nick Maroutsos’ ultimate American dream
- ‘All you want is Greece’ this year’s tourism slogan for closely watched 2021 season
- Greece to relax restrictions on May 14; major tourist islands fully vaccinated by end-June
- EOT: The Greek sea is a vast, open museum
- The Hellenic-American Cultural Foundation presents Justinian’s Hagia Sophia