Industrial production rises by 7.9 pct in Mar, driven by electricity supply

EconomyMacroeconomy Tags: ELSTAT, Industrial

Greece’s Industrial Production Index (IPI) continued its recovery in March, rising by 7.9 percent year-on-year (YoY), from 4.8 percent in February, according to Hellenic Statistical Authority (ELSTAT) data released on Tuesday.

IPI has grown in 16 of the last 17 months, since November 2020. The most notable 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 perc...

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