Industrial turnover drops by 7.2 pct in Dec, pulling 2023 figure 4.1 pct lower

EconomyMacroeconomy Tags: ELSTAT, Industrial

The contraction in Greece’s industrial turnover accelerated in December, dropping sharply by 7.2 percent year-on-year (YoY) from a 2.5 percent decrease in November, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.

This is the ninth successive annual drop, something not seen since early 2021. April was the first negative reading since February 2021.

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