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Economy

Greek Industrial Production Up 4.4% in February

ATHENS — Greek industrial production grew 4.4 pct in February compared with the same month last year, after a 2.9 pct decline recorded in the same period in 2020-2019, Hellenic Statistical Authority said on Friday.

The statistics service, in a monthly report, said that the industrial production average index in the January-February period rose 4.0 pct compared with the corresponding period in 2020, while the seasonally-adjusted index fell 2.3 pct in February from January 2021. The 4.4 pct increase of the industrial production index reflected increases of 12.4 pct in the electricity index, 2.7 pct in the manufacturing index (reflecting increases in the production of tobacco, non-metal minerals, pharmaceuticals, textiles and electrical equipment), while mining production fell 5.6 pct and water production fell 0.02 pct.

In the two-month period, the 4.0 pct increase of the average index reflected increases of 11.4 pct in the electricity production index, 2.0 pct in manufacturing and 0.9 pct in mining, while water production eased 0.8 pct.

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