Industrial turnover plunges 13.4 pct in May for fifth successive double-digit drop

EconomyMacroeconomy Tags: ELSTAT, Industrial

Greece’s Turnover Index in Industry continued its downswing in May, diving by 13.4 percent after a downward revised 14.3 percent drop in April, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.

Industrial turnover has been in negative territory for 20 successive months (since November 2014), while there have been five straight negative double-digit readings this year.

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