Drop in industrial production accelerated in November with 6.1 pct decline

EconomyMacroeconomy Tags: ELSTAT, Industrial

The drop in the Industrial Production Index (IPI) accelerated in November to 6.1 percent following a downwards revised 4.7 percent decline in October, according to the Hellenic Statistical Authority (ELSTAT).

Given the November figure, the 11-month IPI retreated 3.9 percent, which is slightly above the 12-month moving average decrease of 3.7 percent.

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