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.