In January 2025, Greece's industrial production experienced a notable decline, slowing to a growth rate of 2.0%. This presents a steep drop from December 2024’s revised figure of 5.8%, signalling a significant deceleration in the industrial sector as per the most recent data update released on March 10, 2025.
The year-over-year comparison highlights this shift by contrasting the aforementioned January growth to the same period the previous year. The December indicator also mirrored a similar comparative trend, albeit at a much more robust growth pace.
The notable decline in industrial production growth raises questions about the underlying factors contributing to the slowdown as Greece navigates varying economic pressures and market conditions. Stakeholders and policymakers will need to assess the causes and potential measures to stabilize and invigorate industrial growth amidst this challenging economic climate.
