Industrial production in Greece fell 1.1 percent year-on-year in September of 2022, the first decline since April and after an upwardly revised 4.4 percent advance in August. Output fell for electricity supply (-11.5 percent), water supply (-5 percent) and mining & quarrying (-3 percent). On the other hand, manufacturing production increased 1.9 percent, reflecting increases in computers, electronic and optical products, motor vehicles, trailers and semi-trailers, wood and products of wood and cork, except furniture, textiles, printing and reproduction of recorded products. On a monthly basis, industrial production tumbled 3 percent, after a 0.9 percent decrease in August. source: National Statistical Service of Greece
Industrial Production in Greece averaged -0.16 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 December of 2022.
Industrial Production in Greece is expected to be 3.00 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.