Another strong rise of 8 pct for industrial production in Nov, led by manufacturing

EconomyMacroeconomy Tags: ELSTAT, Industrial
Photo by MacroPolis
Photo by MacroPolis

Greece’s Industrial Production Index (IPI) recorded a notable rise of 8 percent year-on-year (YoY) in November, slowing down from the jump of 16.5 percent in October, according to Hellenic Statistical Authority (ELSTAT) data released on Monday.

IPI has been recovering since November last year, exceeding a full year of continued growth. The most significant rise of 22.7 percent was recorded in April 2021, mainly thanks to the low base effect of last year’s strict first lockdown when production ...

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