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INDUSTRY
Greek industry turnover down 4.1% in August
Turnover in the manufacturing sector decreased both on an annual and monthly basis in August, according to provisional data from the Hellenic Statistical Authority.
Annual growth 3.1% in August - 6.7% jump in 8 months
The General Index of Industrial Production for August 2024, compared to the corresponding index for August 2023, showed an increase of 3.1% compared to a decrease of 0.2% in the corresponding comparison between 2023 and 2022.
Annual decrease of 2.4% in producer prices in August
The General Producer Price Index for Industry (total domestic and external market) recorded a decrease of 2.4% in August 2024, compared to the corresponding index of August 2023, compared to a decrease of 8.3% recorded in the corresponding comparison of the 2023 and 2022 indices.
€415.5 billion in business turnover in 2022 - Annual growth of 29.3%
In 2022, the total turnover of enterprises operating in the country in the sectors of industry, construction, trade and services amounted to €415.5 billion, while the production value and gross value added amounted to €271 and €90.9 billion, respectively, based on ELSTAT data.
Turnover at €2.13 billion euros in 2023
The economic footprint of the paper industry as well as the prospects and the main challenges for its further development are highlighted in the study presented by the Foundation for Economic & Industrial Research (IOBE) for the Association of Paper Industries of Greece.
Annual increase of 11.7% in turnover in July
The General Index of Industrial Turnover in July showed an increase of 11.7% compared to the corresponding index for July 2023, the Hellenic Statistical Authority announced today.
Industrial production up 10.6% in July
The General Index of Industrial Production for July 2024, compared to the corresponding index for July 2023, showed an increase of 10.6% compared to a decrease of 1.7% in the corresponding comparison between 2023 and 2022.
Producer prices up 2.2% month-on-month in July
The general producer price index in industry (total domestic and external market) increased slightly by 0.1% in July 2024, compared to the corresponding index of July 2023, compared to a decrease of 8.6% in the corresponding comparison of the 2023 and 2022 indices.
Turnover up 6.1% in June
The General Index of Industrial Turnover (total domestic and external market) of June 2024, compared to the corresponding index of June 2023, showed an increase of 6.1% compared to a decrease of 16.4% in the corresponding comparison between 2023 and 2022.
Import prices up 4.4% year-on-year in June
According to data released by the Hellenic Statistical Authority, the General Index of Import Prices in Industry in June 2024 increased by 4.4% when compared to the corresponding index for June 2023.
Greek manufacturing sector in recovery in July 2024
S&P Global's seasonally adjusted Purchasing Managers' Index (PMI) for the manufacturing sector in Greece closed at 53.2 points in July, down from 54 points in June, indicating a steady recovery in operating conditions for Greek manufacturers.