10 July 2026, 14:42 Greece: Industrial Output Rises Faster in May.
Industrial output in Greece advanced by 3.9% year-on-year in May 2026, extending a 2.1% rise in the prior month. This marked the ninth consecutive month of growth, driven by robust growth in electricity supply (7.1% vs 9.8% in April) and stronger manufacturing output (3.7% vs 1%). Notable growth was recorded for other transport equipment (69.2%), motor vehicles, trailers and semi-trailers (33.1%), coke and refined petroleum products (32.1%), computers, electronic and optical products (31.%), tobacco products (11.7%). On the other hand, output declined for mining & quarrying (-10.9% vs -2.8%) and water supply (-2.1% vs 0.1%). On a seasonally adjusted monthly basis, industrial activity increased by 1.9% in May, after a downwardly revised 3.2% slump in the previous month. Year-to-date, industrial output rose by 3.9% compared to the same period a year ago.
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