March fall for Greek industrial turnover is ninth in 15 months

EconomyMacroeconomy Tags: ELSTAT, Industrial

After a temporary stall in February, the Turnover Index in Industry resumed a negative trend in March easing by 1.1 percent, according to the Hellenic Statistical Authority (ELSTAT). The February reading was revised from a marginal drop of 0.1 percent to a slight growth of 0.3 percent.

The headline figure recorded nine negative readings over the past 15 months, of which four showed a double digit decrease. In addition, the evolution of the average index indicates a 4.5 percent over the trailing 12 months.

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