Greek industrial production down 1.6 pct in July‏

Gazzetta team 9 Σεπτεμβρίου 2015 - 14:19

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Greek industrial production fell by 1.6 pct in July this year, with manufacturing production down 5.7 pct in the month, Hellenic Statistical Authority said on Wednesday.

The statistics service, in a report, said that the industrial production composite index fell 1.6 pct in July compared with the same month last year, after a 0.1 pct increase recorded in the 2014/2013 period. The statistics service attributed this development to a 4.8 pct decline in mining production a 5.7 pct fall in manufacturing production (reflecting a 9.0 pct fall in food production, a 26.8 pct drop in clothing, a 16.6 pct fall in leather/footwear, a 30.3 pct drop in wood, a 16.4 pct fall in non-metal minerals and a 21.2 pct fall in repair and installation of machinery and equipment). Electricity production grew 13.8 pct in July, while water production fell 3.2 pct.

The seasonally-adjusted industrial production index grew 3.2 pct in July, while the average industrial production index in the January-July period fell 0.7 pct compared with the same period last year.