Industrial production up again in April but at slower rate of 0.4 pct

EconomyMacroeconomy Tags: ELSTAT, Industrial

Greece’s Industrial Production Index (IPI) increased for the third straight month in April, albeit at a decelerating pace of 0.4 percent in April after an upward revised 5.3 percent of growth in March, according to the Hellenic Statistical Authority (ELSTAT).

It is noteworthy that the seasonally adjusted IPI fell 2 percent month on month (MoM) in April, after a marginal rise by 0.04 percent MoM in March.

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