ELSTAT documents 0.5% in industrial production in December

The Greek statistics authority ELSTAT published data indicating the general index of industrial production increased by 0.5% in December 2013 compared to December 2012. Between December 2011 and December 2012, the index dropped by 1.5%.

When examining the index over a twelve month period, ELSTAT’s divs show that the industrial production index dropped by 3.6% in 2013 compared to 2012, while in 2012 the industrial index had also dropped by 3.4% since 2011.

The 0.5% increase has been attributed to a number of changes in the industrial sector, namely the reduction of the mining production index by 0.5%, the drop of the manufacturing production index by 1.6%, the reduction of the water supply index by 2.8% and the increase of the electricity production index by 7.1%.

Likewise, the 3.6% drop in 2013 compared to 2012 was attributed the drop of indexes of mining production (9.8%), manufacturing (2%), electrical production (6.9%) and water supply (2.8%).

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