Greece posts EU’s second biggest rise in industrial output

Greece posts EU’s second biggest rise in industrial output

Greek industrial production recorded the second largest percentage increase among European Union member-states in November 2020, Eurostat said in a report on Wednesday.

The EU executive’s statistics agency said industrial production in Greece grew 6.3% in November from October and rose by 8.8% in comparison with November 2019.

In the EU, industrial production rose 2.3% on a monthly basis and eased 0.4% on an annual basis.

Ireland (40.8%) recorded the biggest percentage increase on an annual basis, while Bulgaria (5%), France (4.9%) and Italy (4.2%) saw the biggest percentage declines.

Production of capital goods rose 7% in the EU in November from October, while production of intermediate goods rose 1.5%.

Production of durable goods fell 1.2% and energy production dropped 3.9% in the same period.

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