Greek industrial turnover in March showed a significant increase from February, although it was significantly lower on an annual basis, mainly due to the strong decline in the mining sector.

According to ELSTAT, the General Index of Industrial Turnover (total domestic and external market) for March 2024 showed a 6% decrease compared to the corresponding index for March 2023, compared to a 3.4% increase in the corresponding comparison for 2023/2022.

On a monthly basis, however, when compared to the corresponding index for February 2024, the General Index of Industrial Turnover in March showed an increase of 4.9%.

The average General Index for the twelve months of April 2023 to March 2024, when compared to the corresponding index for the twelve months of April 2022 to March 2023, showed a decrease of 6.2%, compared to an increase of 26.5% when comparing the corresponding previous twelve months.

Monthly turnover growth of 4.9% in March, according to ELSTAT

1. From the changes in the indicators of the individual sectors of industry

* Increase of 5.3% in the Manufacturing Turnover Index.

* Decrease by 21.6% of the Index of Turnover of Mining and Quarrying.

2. From the changes in the indices of the individual markets:

* Increase of 8.2% in the Index of the Turnover of Foreign Market Activities

* An increase of 3.0% in the Domestic Market Turnover Index

The 6% annual decrease in the turnover of domestic industries came from:

1. 1:

* A 15.7% decrease in the mining and quarrying turnover index.

* A 5.9% decrease in the manufacturing turnover index.

2. By the changes in the indicators of the individual markets:

* A 10.4% decrease in the external market turnover index.

* A decrease of 3.1% in the domestic market turnover indicator by 10.4%.