The recovery of the industrial sector is reflected in the increase by 10.1% of the Industrial Production Index in August compared to the corresponding one for 2020 issued by ELSTAT, compared to a decrease of 3.9% recorded in the corresponding comparison of the year 2020 with 2019 .
At the same time, the average General Index of Industrial Production for the period January – August 2021, compared to the corresponding index for the period January – August 2020, showed an increase of 9.5%.
The seasonally adjusted General Index of Industrial Production for the month of August 2021, compared to the corresponding index of July 2021, showed an increase of 0.7%.
When comparing the August 2021 indices with the corresponding indices of August 2020, the largest percentage increase was recorded in the computer, electronics and optical manufacturing sector by 35.5%, while the largest percentage decrease was recorded in the ore mining sector by 36, 1%.
Evolution of Industrial Production Index, August 2021
The increase of the General Index of Industrial Production by 10.1% in August 2021, compared to the corresponding index of August 2020, came from the following changes in the indices of the individual industry sectors:
1. Due to the increase:
• By 25.5% of the Electricity Supply Index.
• By 6.2% of the Manufacturing Index. The increase was mainly due to the changes in the indices of the sectors: manufacturing of computers, electronic and optical products, production of basic pharmaceuticals and pharmaceutical preparations, manufacture of other transport equipment, manufacture of electrical equipment, other manufacturing activities, leather and leather industry, printing and reproduction of pre-recorded media, manufacture of metal products, manufacture of clothing, production of other non-metallic mineral products.
• By 4.3% of the Water Supply Index.
2. From the reduction by 7.0% of the Mining – Quarrying Index. Changes in the indicators of the mining, coal and lignite mining – crude oil and gas extraction – mining support activities contributed to this reduction.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Greek Expert: Earthquake Swarm in Santorini Indicates ‘rise of volcanic magma’
Professor Costas Synolakis explained that a volcanic swarm was recorded, adding that scientists are now examining additional parameters
Greek Economy to Grow 2.5% in 2025: Bank of Greece
The public debt-to-GDP ratio is forecast to fall below 150% by 2025, aided by the primary budget surpluses reinforcing the Greek economy even more.
Inflation in Greece at 2.7% for January, as Food Costs Were Steady & Narural Gas Was Up
Food inflation in Greece remained nearly stagnant at just 0.1%, while the highest price increases were recorded in passenger air transport (31.6%), natural gas (26.5%), hotels-motels-inns (16.8%) and residential rents (9.2%).
UBS: Stocks of Greek Banks Remain Appealing as 2024 Earnings Season Begins
In the second edition of its monthly tracker, which analyzes industry data from the Bank of Greece, UBS notes that while corporate lending growth remains strong, December was a slower month.
PM Mitsotakis Welcomes von der Leyen’s Defence Spending Proposals
Earlier on Friday, during the Munich Security Conference, President of the European Commission Ursula von der Leyen announced plans to reform defense spending rules to enable member states to "substantially increase their defense expenditure"
Greek Supermarket Sales Exceed €12 Billion in 2024, Marking 2.6% Growth
According to data from the research firm Circana (formerly IRI), the volume of sales grew by 2.8% in 2024, outpacing the 2.6% increase in sales value.
Greek Islands and Piraeus Remain Cruise Hotspots Despite Earthquakes
A total of 918 cruise ship arrivals have already been scheduled for 2025, with 714 of them designating Piraeus as their home port
Athens Hotels See Strong Growth in Bookings and Prices
Hoteliers point out that this success is being achieved despite the competition from short-term rental services like Airbnb.
Greece Launches Microfinance Fund to Support Small Businesses
The Microfinance Fund will offer interest-free financing at a rate of 60% for general entrepreneurship and 75% for female entrepreneurship, with microfinance institutions providing the remaining 40% or 25%.
Study: Greece’s Economic Growth Threatened by Labor Shortages
In its analysis, Capital Economics cites three factors as the reasons why it does not anticipate Greece’s employment significantly increasing in the coming years.
![Επενδύσεις: Πόσο στηρίζουν το ελληνικό ΑΕΠ – Τι δείχνει μελέτη της Alpha Bank [γραφήματα]](https://www.ot.gr/wp-content/uploads/2023/12/ot_artificial_ependyseis-600x352.png)
