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 by 5.8% year-on-year in August 2026, marking a significant recovery from a revised 1.1% decline in the previous month. This marked the highest growth since March 2026, according to Trading Economics.
The recovery was primarily driven by electricity supply, which experienced a remarkable 13.2% increase, reversing a 12.4% contraction witnessed in the prior month. Manufacturing activity also showed strength, expanding by 4.0% compared to 2.0% growth in July.
Motor vehicles, trailers and semi-trailers led the manufacturing surge at 269.1%, while repair and installation of machinery and equipment rose by 27.8%. Textiles saw a 15.6% increase, and other transport equipment grew by 13.1%.
However, not all sectors performed well. Wearing apparel contracted by 18.4%, machinery and equipment not elsewhere classified declined by 6.7%, and basic metals decreased by 4.8%.
On the mining and quarrying front, there was a rebound of 1.5% compared to a previous month's drop of 3.5%. Water supply also showed a slower decline, decreasing by 2.5% compared to a 4.0% drop in the previous month.
Over a seasonally adjusted monthly basis, industrial activity increased by 2.0% from a previous decline of -1.8%.
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