Industrial production returns to annual growth in Feb, rising by 4.6 pct, after blip

EconomyMacroeconomy Tags: ELSTAT, Industrial
Image via www.viohalco.com
Image via www.viohalco.com

Greece’s Industrial Production Index (IPI) recovered in February, rising by 4.8 percent year-on-year (YoY), after having recorded the first contraction after months in January, dropping by 0.2 percent, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.

IPI has grown in 15 of the last 16 months, since November 2020. The most significant rise - 22.7 percent - was recorded in April 2021, mainly thanks to the low base effect of the first lockdown a year earlier. In October 2020, the index was down by 3.2 ...

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