FX.co ★ Greece Industrial Output Growth Moderates

In October 2025, Greece experienced a 6.4% year-over-year increase in industrial production, a decline from the revised 7.3% growth observed in September. This deceleration was predominantly due to a slowdown in manufacturing output, which decreased to 4.2% from September's 8.2%. Conversely, output in the mining and quarrying sector surged, rising to 12.2% from 2.6%. The electricity sector saw a noteworthy rebound, moving from a contraction of -10.5% to a growth rate of 7.2%, while the water supply sector improved from -9.8% to a gain of 4.7%. Looking at specific industrial groups, output decelerated for intermediate goods (0.8% from 0.9%), capital goods (3.6% from 10.4%), and consumer non-durables (3.5% from 9.7%). However, there was acceleration in the energy sector (14.5% from 8.1%) and in consumer durables (18.5% from 18.3%). On a month-to-month basis, after adjusting for seasonal variations, industrial production rose by just 0.7%, a sharp decrease from the revised 5% growth recorded in September.