The Hellenic Statistical Authority (ELSTAT) reported that Greek industrial production experienced a 10.6% rise in July.
The relevant index for July 2024 was up by 10.6%, compared to a decrease of 1.7% during the same comparison between 2023 and 2022.
For the period from January to July, the average General Industrial Production Index, compared to the same period in 2023, showed an increase of 7.2%.
The seasonally adjusted General Industrial Production Index in Greece for July 2024, compared to June 2024, showed an increase of 1.7%.
The mining and quarrying sector saw the largest percentage increase, while the sector for the manufacture of motor vehicles, trailers, and semi-trailers experienced the largest percentage decrease in July 2024 compared to June 2024.
When comparing the indices of July 2024 regarding Greek industrial production with those of July 2023, the largest percentage increase was recorded in the tobacco product manufacturing sector, while the largest percentage decrease was seen in the coal and lignite mining sectors, crude oil and natural gas extraction, and support activities for mining.
The positive figures come on the heels of last Friday’s GDP rate of 2.3% in the second quarter of 2024, even in the face of a more unstable geopolitical landscape and an uncertain global economy, according to the data released last Friday by the Hellenic Statistical Authority (ELSTAT).
