Greece's industrial production growth accelerated to 5.5 percent year-on-year in March 2021, from a downwardly revised 4.3 percent in the previous month, boosted by the production of computers, electronic and optical products (27.3 percent), machinery and equipment (25.6 percent), electrical equipment (24.8 percent), textiles (22.3 percent), fabricated metal products (18.8 percent), wearing apparel (17.1 percent), beverages (16.7 percent), other transport equipment (20.5 percent) and other manufacturing (27.3 percent). Electricity supply also rose by 17.6 percent, while sharp declines were recorded for both vehicles output (-41.9 percent) and mining of metal ores (-16.0 percent). source: National Statistical Service of Greece
Industrial Production in Greece averaged -0.78 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 May 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.