The Hellenic Statistical Authority announced the Turnover Index in Industry with base year 2015=100.0 for June 2022, the evolution of which on the basis of provisional data, is as follows:
The Overall Turnover Index in Industry (both Domestic and Non-Domestic Market) in June 2022 recorded an increase of 43.1% compared with the corresponding index of June 2021. The Overall Turnover Index in Industry in June 2021 increased by 22.7% compared with the corresponding index in June 2020.
The Overall Turnover Index in Industry in June 2022, compared with May 2022, recorded an increase of 6.4%.
The average Overall Turnover Index in Industry for the 12-month period from July 2021 to June 2022 increased by 36.8%, compared with the corresponding index of the 12-month period from July 2020 to June 2021. The average Overall Turnover Index in Industry for the 12-month period from July 2020 to June 2021 increased by 2.6% compared with the corresponding
index of the 12-month period from July 2019 to June 2020.
Causes
The 43.1% increase in the Overall Turnover Index in Industry in June 2022, compared with the corresponding index in
June 2021, was due to the following:
1. Changes in the sub-indices of the industrial sections:
▪ The Turnover Index in Manufacturing increased by 43.6%. The increase was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: coke and refined petroleum products, basic metals, chemicals and chemical products, food.
▪ The Turnover Index in Mining and quarrying increased by 4.4%. The increase was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: mining of coal and lignite – extraction of crude petroleum and natural gas – mining support service activities, other mining and quarrying products.
2. Changes in the sub-indices in Domestic and Non-Domestic Markets:
▪ The Turnover Index in Industry in Domestic Market increased by 45.6% (Table 2).
▪ The Turnover Index in Industry in Non-Domestic Market increased by 39.1% (Table 3).
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)
