Hellenic Statistical Authority: Greek industrial production index up 0.8 pct in November

Industrial production grew 0.8 pct in November 2017, with manufacturing production rising 0.2 pct in the month, Hellenic Statistical Authority said on Tuesday.

The statistics service, in a monthly report, said that the industrial production composite index rose 0.8 pct in November compared with the same month in 2016, after a 2.1 pct increase recorded in the 2016/2015 period. This development was attributed to a 0.2 pct increase in manufacturing production (oil/coal +7.1 pct, pharmaceuticals up 10.7 pct, computer/electronic/optical products up 14.8 pct and machinery and equipment up 12.4 pct) and a 6.5 pct increase in electricity production. On the other hand, production fell 8.4 pct in mining and 4.2 pct in water.

The average composite index in the January-November period was up 4.4 pct compared with the same period in 2016.