ELSTAT: Industrial production reduced by 0.3% in August
The Greek statistics authority ELSTAT has published its latest figures on the production index in industry (IPI) and found that in August 2016 it retreated by 0.3%, compared to August 2015. The IPI’s annual rate of change in August 2015 was 4.2%.
In the 8-month period between January and August 2016, according to working day adjusted data, the average rate of change of the IPI was 2.0%. In August 2015, the corresponding average rate of change of the IPI was 0.3%.
The seasonally adjusted Production Index in Industry (IPI), after eliminating the monthly effects (e.g. holidays, tourist period etc), in August 2016 compared with July 2016 recorded an increase of 0.4%.
You may be interested
The National Interest: Why is Cyprus still divided? – AnalysisPanos - Apr 19, 2021
The division of Cyprus is fast approaching the half-century mark. In fact, that division has now lasted longer than that…
Research suggests ancient Greeks might have sailed to CanadaPanos - Apr 19, 2021
The ancient Greeks could have reached Canada in 56 AD – almost a millennium before the Vikings. This is according…
Condition in eastern Mediterranean dominated Dendias, Shoukry meeting in CairoPanos - Apr 19, 2021
Greek Foreign Minister Nikos Dendias was cordially welcomed by Egyptian Foreign Minister Sameh Shoukry earlier on Sunday in Cairo. The…