Greek industrial output drops 2.9% y/y in August

Oct 10 (Reuters) - Greek industrial output declined by 2.9% year-on-year in August, after a 0.5% drop in July, data from statistics service ELSTAT showed on Friday.

A breakdown of index components showed manufacturing production fell 0.8% from the same month in 2024. Electricity output was dropped by 8.9% year-on-year, and mining production was up by 2.4%.

Compared to the same month a year earlier, in August, the greatest percentage increase was recorded in repair and installation of machinery and equipment divisions, while the highest percentage decrease was recorded in basic pharmaceutical products division, ELSTAT said.