Industrial output drops 7.5 pct y/y in May

Nassos DrakosGreek Market

Greek industrial output fell 7.5 percent in May compared to the same month last year, after an upwardly revised 10.2 percent drop in April, data from statistics service ELSTAT showed on Friday.

Looking at index components, manufacturing production dropped 8.4 percent from the same month in 2019, while mining output shrank 11.8 percent.

Electricity production decreased 4.8 percent and water output grew 4.8 percent.

Source:ekathimerini.com