Greek industrial output rises 6.7% y/y in May

Greek industrial output rose 6.7% in May compared to the same month a year earlier, after an upwardly revised 11.7% increase in April, data from statistics service ELSTAT showed on Wednesday.

A breakdown of index components showed manufacturing production rose 4.4% from the same month in 2023. Electricity output was up by 21.2% year-on-year, and mining production was down by 2.4%.

Compared to a year earlier, in May the greatest percentage increase was recorded in electricity supply division, while the highest percentage decrease was recorded in mining of metal ores division, ELSTAT said.
Source: Reuters (Reporting by Antonis Pothitos and Elviira Luoma in Gdansk)