ECONOMY

Industrial output drops 0.5% y/y in August

Industrial output drops 0.5% y/y in August

Greek industrial output declined 0.5% in August compared to the same month a year earlier, after a 1.9% drop in July, data from statistics service ELSTAT showed on Tuesday.

A breakdown of index components showed manufacturing production rose 1.4% from the same month in 2022. Electricity output dropped by 7.0% year-on-year, and mining production was up 13.3%. [Reuters]

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