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Despite manufacturing gains, industrial production drops by 1.2% YoY in July
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Inflation picks up pace in August, rising to 3.8% YoY
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Seasonal factors shape employment balance in July as job departures dominate
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Energy impacts trade deficit as July sees growth of 3.2% YoY
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GDP grows by just 0.3% QoQ in Q2, eases to 1.9% YoY
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DBRS leaves rating unchanged at 'BBB', ups outlook to positive
Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar
Greece’s Industrial Production Index (IPI) turned negative in March with a contraction of 0.6 percent year-on-year (YoY), after a significant slowdown to 1.6 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.
After three consecutive drops in the middle of last year, the index has been growing for the last six months, and this is the first negative print since August 2023.
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