Industrial production accelerates to 3.9% YoY in May, led by electricity supply

EconomyMacroeconomy Tags: ELSTAT, Industrial
Photo via https://flic.kr/p/2iUFUMF
Photo via https://flic.kr/p/2iUFUMF

Greece’s Industrial Production Index (IPI) picked up pace in May with a rise of 3.9 percent year-on-year (YoY), from 2.1 percent in the previous month, according to Hellenic Statistical Authority (ELSTAT) data released on Friday.

Month-on-month (MoM), the seasonally adjusted index in May recorded a rise of 1.9 percent, after a drop of 3.5 percent in the previous month.

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