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.
Latest from E.Tsiliopoulos
- Fire front in Evia out of control
- Ancient Olympia - wildfire - Fears for the archeological site
- Hellenic Banking Association – Banks on the side of the fire victims
- Ηigh, medium-voltage power lines knocked out from raging wildfire
- Fires in Attica – Continuous fires and overnight battle on three fronts