Industrial production grows by 7 pct in Jul, as manufacturing records monthly drop

EconomyMacroeconomy Tags: ELSTAT, Industrial

Greece’s Industrial Production Index (IPI) continued recording gains in July, rising by 7 percent year-on-year (YoY), after an upwards revised 8.9 percent in June, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.

The index has now grown in five out of the first seven months of the year and has been on a general recovery trajectory since November 2020. This is the third highest annual growth rate of 2022.

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