Bigger drop for Greek industrial production, which fell by 5.7 pct in August

EconomyMacroeconomy Tags: ELSTAT, Industrial

The Greek Industrial Production Index (IPI) remained on a downward trend for the sixth straight month in August but fell at an accelerating pace falling of 5.7 percent, after a revised -1.1 percent drop in July, according to the Hellenic Statistical Authority (ELSTAT).

August’s is the seventh negative reading in the eight months of 2014 and the seventeenth over the past 20 months.

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