The Hellenic Statistical Authority announces the Industrial Production Index (IPI) with base year 2015=100.0 for December 2022, the evolution of which, on the basis of provisional and working day adjusted data, is as follows:
The Overall Industrial Production Index in December 2022 recorded a decrease of 1.4% compared with December 2021. The Overall IPI in December 2021 increased by 9.2% compared with the corresponding index in December 2020.
The average Overall Industrial Production Index for the period from January to December 2022 recorded an increase of 2.3% compared with the average IPI of the period from January to December 2021.
The seasonally adjusted Overall Industrial Production Index in December 2022 recorded an increase of 0.1% compared with the corresponding index of November 2022.
The index of tobacco products division recorded the greatest percentage increase, whereas the index of other transport equipment division showed the greatest percentage decrease in December 2022 compared with November 2022. Comparing the indices of December 2022 with the corresponding indices of December 2021, the greatest percentage decrease was recorded in other transport equipment division, while the highest percentage increase was recorded in mining of coal and lignite – extraction of crude petroleum and natural gas – mining support service activities division .
Evolution of the Industrial Production Index in December 2022
I. Annual changes: December 2022 / December 2021
The 1.4% decrease of the working day adjusted Overall IPI in December 2022, compared with the corresponding index in December 2021, is due to the annual changes of the sub-indices in the following industrial sections:
1. Decrease of:
- 9% in the Electricity Supply Index.
- 4% in the Mining and Quarrying Index. The decrease was the result of the annual changes of the sub-indices in the following 2-digit divisions: mining of metal ores, other mining and quarrying.
- 7% in the Water Supply Index.
2. Increase of:
- 6% in the Manufacturing Index. The increase was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: tobacco products, computers, electronic and optical products, basic pharmaceutical products and pharmaceutical preparations, repair and installation of machinery and equipment, οther manufacturing.
II. Rates of change of the average index of the period January – December 2022 compared with the corresponding index of the period January – December 2021
The 2.3% increase of the working day adjusted average Overall IPI in the 12-month period January – December 2022, compared with the corresponding index in January – December 2021, is due to the corresponding rates of change of the sub- indices in the following industrial sections:
1. Increase of:
- 4% in the Manufacturing Index.
2. Decrease of:
- 2% in the Water Supply Index.
- 7% in the Electricity Supply Index.
- 8% in the Mining and Quarrying Index.
III. Monthly changes: December 2022 / November 2022
The 0.1% increase of the seasonally adjusted Overall IPI in December 2022, compared with the corresponding index in November 2022 is due to the monthly changes of the sub-indices in the following industrial sections:
1. Increase of:
- 0% in the Water Supply Index.
- 9% in the Mining and Quarrying Index.
- 8% in the Manufacturing Index.
2. Decrease of:
- 2% in the Electricity Supply Index.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Economic Sentiment Indicator in Greece Drops Slightly in Dec.
The data revealed that the primary drivers of the slight drop were the industrial and retail trade sectors. Conversely, construction and consumer confidence improved.
Greece’s Trade Deficit Surges by 18.7% in Nov. 2024
For the first 11 months of 2024, the total value of imports reached 77.3793 billion euros, a 1.9% rise compared to 75.9482 billion euros in the same period of 2023.
Installing EV Chargers in Your Building is Harder than You Think
So, you just bought an EV in Greece and can’t wait to set up a charger in your apartment building’s parking space? Not so fast—there are a few hurdles you’ll need to clear first.
Greece Announces Grants to Unemployed for New SMEs
Unemployed individuals seeking 12-month grants to fund the creation of new SMEs can apply online until January 21.
Port of Piraeus Reports Record-breaking Year for Cruise Sector
First cruise ship of the season, Viking Saturn, greeted at Greece's largest, busiest port
Greek Energy Minister Skylakakis Announces Subsidies to Mitigate Electricity Prices
“When prices exceed a certain threshold, we intervene,” said Skylakakis
Mitsotakis: Greece is a Beacon of Stability in an Unstable World
Greek Prime Minister Kyriakos Mitsotakis described Greece as a "beacon of stability in an unstable world" following the Epiphany water blessing ceremony at Dexameni Square in Athens.
The Life of Former Prime Minister Kostas Simitis
Former Minister Kostas Simitis played a defining role in shaping Greece’s economic and political landscape at the turn of the millennium
Four Days of National Mourning for Passing of Kostas Simitis
Four days of national mourning have been declared for the death of former Prime Minister Kostas Simitis
Former Greek Prime Minister Kostas Simitis Dies at 88
Kostas Simitis, Greece’s former Prime Minister, died this morning, January 5, at the age of 88.
