Industrial production in Greece expanded 4.4 percent year-on-year in February of 2021, following an upwardly revised 3.5 percent growth in the previous month. It was the fourth successive increase in industrial activity, mainly supported by a faster output growth in manufacturing (2.7 percent vs 1.3 percent in January), and in electricity production (12.4 percent vs 10.5 percent). Meantime mining and quarrying output declined (-5.6 percent vs 8.3 percent); and water supply unchanged from a year earlier (vs -1.6 percent). On a seasonally adjusted monthly basis, industrial output fell 2.3 percent, after a 3.2 percent gain in the prior month. source: National Statistical Service of Greece

Industrial Production in Greece averaged -0.75 percent from 2000 until 2021, reaching an all time high of 11.90 percent in March of 2000 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 April of 2021.

Industrial Production in Greece is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Greece to stand at 4.20 in 12 months time. In the long-term, the Greece Industrial Production is projected to trend around 3.00 percent in 2022 and 2.50 percent in 2023, according to our econometric models.

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Greece Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.40 3.50 11.90 -13.80 2000 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2021-01-08 10:00 AM Nov 8.6% -3.5% -2.6%
2021-02-09 10:00 AM Dec 3.3% 8.9% 7.2%
2021-03-10 10:00 AM Jan 3.4% 3.5% 1.9%
2021-04-09 09:00 AM Feb 4.4% 3.5% 4.5%
2021-05-10 09:00 AM Mar 4.4%
2021-06-10 09:00 AM Apr
2021-07-09 09:00 AM May
2021-08-09 09:00 AM Jun
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Greek Industrial Output Rises for 4th Month
Industrial production in Greece expanded 4.4 percent year-on-year in February of 2021, following an upwardly revised 3.5 percent growth in the previous month. It was the fourth successive increase in industrial activity, mainly supported by a faster output growth in manufacturing (2.7 percent vs 1.3 percent in January), and in electricity production (12.4 percent vs 10.5 percent). Meantime mining and quarrying output declined (-5.6 percent vs 8.3 percent); and water supply unchanged from a year earlier (vs -1.6 percent). On a seasonally adjusted monthly basis, industrial output fell 2.3 percent, after a 3.2 percent gain in the prior month.
2021-04-09
Greece Industrial Output Growth Eases in January
Industrial production in Greece expanded 3.4 percent year-on-year in January of 2021, following an upwardly revised 3.5 percent growth in the previous month. It was the third successive increase in industrial activity, mainly supported by a rebound in mining & quarrying (10.1 percent vs -9.2 percent in December) and a faster output growth in manufacturing (1.0 percent vs 0.4 percent). On the other hand, activity rose slower for electricity production (10.8 percent vs 17.5 percent) and declined in water supply (-1.6 percent vs 0.6 percent). On a seasonally adjusted monthly basis, industrial output went up 3.2 percent, after a 0.4 percent decrease in the prior month.
2021-03-10
Greek Industrial Output Shrinks for 6th Month
Industrial production in Greece slumped 3.7 percent year-on-year in October of 2020, following a downwardly revised 2.1 percent decrease in the previous month. It was the sixth successive decline in industrial activity, amid the coronavirus pandemic. Output declined for electricity supply (-7.2 percent vs 5.4 percent in September); mining & quarrying (-3.8 percent vs -13.6 percent) and manufacturing (-3.1 percent vs -3.8 percent). On the other hand, activity rose faster for water supply (0.7 percent vs 0.2 percent). On a seasonally adjusted monthly basis, industrial output went down 3.1 percent, after an upwardly revised 1.5 percent increase in the prior month.
2020-12-10
Greek Industrial Output Shrinks for 5th Month
Industrial production in Greece dropped 2.4 percent over a year earlier in September 2020, following a 4 percent fall in the previous month. It was the fifth successive decline in industrial activity, amid the coronavirus pandemic. Output shrank for manufacturing (-4 percent) and mining & quarrying (-16.5 percent). On the other hand, production of both electricity supply (5.2 percent) and water supply (0.2 percent) rose. On a seasonally adjusted monthly basis, industrial output went up 1.4 percent, rebounding from a 1.1 percent decrease in the prior month.
2020-11-09

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.