Industrial production drops 0.2 pct in March on back of 28.1 pct electricity supply decline

EconomyMacroeconomy Tags: ELSTAT, Industrial

Greece’s Industrial Production Index (IPI) lost momentum in March as it decreased by 0.2 percent year-on-year, after it had picked up strength in February, rising by 5.2 percent according to Hellenic Statistical Authority (ELSTAT) data released on Wednesday.

Following the first back-to-back sector growth after four consecutive months of contraction in production, the index re-enters negative territory.

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