Greek Industrial Production up 2.2% in December 2023
Greek Industrial Production up 2.2% in December 2023
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Greek Industrial Production up 2.2% in December 2023

Greek Industrial Production Index (IPI) in Decemeber 2023
RE+D magazine
09.02.2024

The Overall Industrial Production Index in December 2023 recorded an increase of 4.3% compared with December 2022., according to ELSTAT.

The Overall IPI in December 2022 decreased by 1.2% compared with the corresponding index in December 2021. 

The average Overall Industrial Production Index for the period from January to December 2023 recorded an increase of 2.2% compared with the average IPI of the period from January to December 2022.

The seasonally adjusted Overall Industrial Production Index in December 2023 recorded an increase of 0.7% compared with the corresponding index of November 2023.

The index of machinery and equipment division showed the greatest percentage increase, whereas the index of motor vehicles, trailers and semi-trailers division recorded the greatest percentage decrease in December 2023 compared with November 2023. 

Comparing the indices of December 2023 with the corresponding indices of December 2022, the greatest percentage increase was recorded in mining of metal ores division, while the highest percentage decrease was recorded in mining of coal and lignite – extraction of crude petroleum and natural gas – mining support service activities divisions.