Industrial turnover down by 9.8 pct in Feb for fourth straight fall

EconomyMacroeconomy Tags: ELSTAT, Industrial

The Turnover Index in Industry headed south for the fourth straight month in February but at a decelerating pace of 9.8 percent from a downward revised 15.6 percent in January, according to the Hellenic Statistical Authority (ELSTAT).

The high single-digit decline in February primarily reflects a similar drop in manufacturing turnover (-9.9 percent), while mining and quarrying turnover recorded a slower decline (-6.5 percent).   

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