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FX.co ★ Greece Industrial Output Contracts in August

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typeContent_19130:::2025-10-10T09:17:11

Greece Industrial Output Contracts in August

Greece's industrial production experienced a year-on-year decrease of 2.9% in August 2025, marking the most significant reduction observed in four months. This downturn follows a 0.5% decline witnessed in the previous month. The primary factor behind this trend was the reversal in manufacturing output, which fell by 0.8% compared to a growth of 0.6% seen in July. This was compounded by further declines in the electricity sector, down 8.9% against a previous 3.9% drop, and in water supply, which saw a decrease of 6.8% compared to a previous decline of 4.5%. Meanwhile, growth in the mining and quarrying sectors slowed down to 2.4%, from 2.7%.

Analyzing by industrial group, there was a sharper fall in consumer non-durables, down by 3.9% in contrast to a 3.1% reduction previously, along with a considerable drop in the energy sector, which declined by 7.4% from 3.8%. Growth in intermediate goods also slowed notably to 0.7%, down from 6.3%. On a more positive note, production in consumer durables rebounded significantly, soaring by 9.3% following a prior drop of 15.1%, and capital goods output accelerated, growing by 19.0% as opposed to a 9.1% increase in the previous period. On a seasonally adjusted month-to-month basis, industrial production decreased by 4.1% in August, reversing the 0.4% growth recorded in July.

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