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Car market still buoyant as sales rise by 2.8 pct YoY in July
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Mining drives growth of 0.5 pct YoY in industrial production for June
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CPI accelerates to 3.1 pct YoY in July, rents up 11.3 pct
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Trade deficit rises sharply in June as exports continue to fall
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PMI falls to 51.7 in July, level of optimism drops to lowest in a year
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Easter timing pushes retail sales down markedly in May with -4.4 pct YoY fall
Industrial production surges 7.5 pct in June, with highest growth rate since 2001
Greece’s Industrial Production Index (IPI) soared 7.5 percent in June following an upward revised rise by 3 percent in May, Hellenic Statistical Authority (ELSTAT) data displayed on Tuesday.
The headline figure for June is the third straight positive reading and the highest since 2001, from when data are available. It is worth noting that the IPI fell by 4.1 percent in June 2015. Thus, this year’s performance also reflects a low base effect.
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