Greek industrial output rises 4.5 pct year-on-year in August

Greek industrial output rose 4.5 percent in August from the same period a year earlier, after falling for three consecutive months, data from statistics service ELSTAT showed on Friday.

Manufacturing production increased 4.2 percent from the same month a year earlier, ELSTAT said. Electricity production rose by 9 percent with mining output declining by 6.1 percent.

Greece's economy grew 0.9 percent in the second quarter, helped by consumer spending and net exports. Its performance so far supports a more favorable outlook for the year as a whole than the official forecast for a 2.3 percent contraction.

[Reuters]