Industrial turnover posts 53.1 pct YoY growth in May, biggest rise during pandemic recovery

EconomyMacroeconomy Tags: ELSTAT, Industrial
Photo via https://flic.kr/p/8svhf
Photo via https://flic.kr/p/8svhf

Greece’s industrial turnover growth produced another impressive reading in May, jumping by 53.1 percent year-on-year (YoY), after a rise of 33.4 percent in April, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.

After more than one year of contraction, the index posted growth of 18.2 percent in March 2021 and has been growing ever since.

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