Greece Industrial Output Rebounds Sharply in August
Industrial output in Greece rose 5.8% year-on-year in August 2026, rebounding from a revised 1.1% decline in the previous month and highest recorded growth since March 2026. The recovery was led by electricity supply, which surged by 13.2%, reversing a 12.4% contraction in the previous month. Manufacturing growth also strengthened to 4.0% from 2.0% in ...
Greece's industrial output surged 5.8% year-on-year in August 2026, marking a sharp bounce back from a revised 1.1% decline the previous month. This represents the highest recorded growth since March 2026. The recovery was primarily driven by electricity supply, which skyrocketed by 13.2% after contracting by 12.4% in the prior month.
Manufacturing output also improved, growing by 4.0% in August compared to 2.0% in July. This surge was fueled by significant gains in motor vehicles, trailers, and semi-trailers (up by 269.1%), machinery and equipment repairs and installations (27.8%), textiles (15.6%), and other transport equipment (13.1%). Conversely, certain sectors saw notable declines.
Wearing apparel suffered a sharp drop of 18.4%, machinery and equipment not elsewhere classified fell by 6.7%, and basic metals declined by 4.8%. Mining and quarrying activity also rebounded, increasing by 1.5% compared to a -3.5% contraction in the previous month. Water supply, however, declined at a slower pace, down by 2.5% compared to a 4.0% decrease.
On a seasonally adjusted monthly basis, industrial activity rose by 2.0%, improving from a -1.8% decline in the previous month. These figures come from Trading Economics.
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