Industrial production records a 2% decrease in May
Industrial production records a 2% decrease in May
  Economy  |  Greece  |  Data

Industrial production records a 2% decrease in May

The average Overall Industrial Production Index for the period from January to May 2025 recorded an increase of 0.4%.
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RE+D magazine
10.07.2025

The Overall Industrial Production Index in May 2025 recorded a decrease of 2.0% compared with May 2024.

According to ELSTAT, the Overall IPI in May 2024 increased by 6.8% compared with the corresponding index in May 2023. 

The average Overall Industrial Production Index for the period from January to May 2025 recorded an increase of 0.4% compared with the average IPI of the period from January to May 2024. 

The seasonally adjusted Overall Industrial Production Index in May 2025 recorded a decrease of 0.4% compared with the corresponding index of April 2025.

The index of fabricated metal products, except machinery and equipment division showed the greatest percentage decrease, whereas the index of electricity supply division recorded the greatest percentage increase in May 2025 compared with April 2025. 

Comparing the indices of May 2025 with the corresponding indices of May 2024, the greatest percentage decrease was recorded in coke and refined petroleum products division, while the highest percentage increase was recorded in basic metals divisions .