What are producer prices in Greece?Producer Prices in Greece is expected to be 136.62 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Producer Prices is projected to trend around 137.52 points in 2026 and 134.77 points in 2027, according to our econometric models.
When did producer prices increase in Greece?Producer Prices in Greece increased to 136.90 points in November from 134.67 points in October of 2024. Producer Prices in Greece averaged 103.53 points from 2004 until 2024, reaching an all time high of 159.30 points in October of 2022 and a record low of 74.20 points in January of 2004. source: National Statistical Service of Greece.
How has the manufacturing industry changed in Greece in 2022?The value of sales of manufactured products in Greece has doubled from €33 billion in 2010 to €66 billion in 2022. Even if we factor in the impact of high inflation for 2021 and 2022, the trend remains positive and illustrates the impressive growth of Greece’s manufacturing industry.
What happened to the manufacturing sector in Greece after the crisis?The manufacturing sector and the broader industrial category in Greece saw a big dip in employment numbers after the crisis. Manufacturing went from a top of 495K jobs in 2008 to a bottom of 323 jobs in 2015. Industry had 558K jobs in 2008 and only 391K in 2015.
What is the Greek industrial production index (IPI)?Let’s go through some of the most important numbers. The Greek Overall Industrial Production Index (IPI) reached in 2023 a 14-year high (121.5). While still far from its pre-crisis average, this is the highest reading since 2009 (122.6) with a trend that has been consistently positive since the bottom in 2014/2015.
Why should we invest in Hellenic manufacturing?First, we need to elevate the idea of Hellenic production — i.e. manufacturing made in Greece. This needs to become a top priority for Greek policymakers. Second, we need to listen to and invest in our domestic manufacturers. They face many obstacles and a constant uphill battle with little (if any) support from the sta
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Producer Prices in Greece is expected to be 124.85 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the
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Producer Prices in Greece is expected to be 136.62 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Greece Producer Prices is projected to trend around 137.52 points in 2026 and 134.77 points in 2027, according to our econometric models.
Producer Prices in Greece increased to 136.90 points in November from 134.67 points in October of 2024. Producer Prices in Greece averaged 103.53 points from 2004 until 2024, reaching an all time high of 159.30 points in October of 2022 and a record low of 74.20 points in January of 2004. source: National Statistical Service of Greece
The value of sales of manufactured products in Greece has doubled from €33 billion in 2010 to €66 billion in 2022. Even if we factor in the impact of high inflation for 2021 and 2022, the trend remains positive and illustrates the impressive growth of Greece’s manufacturing industry.
The manufacturing sector and the broader industrial category in Greece saw a big dip in employment numbers after the crisis. Manufacturing went from a top of 495K jobs in 2008 to a bottom of 323 jobs in 2015. Industry had 558K jobs in 2008 and only 391K in 2015.
Let’s go through some of the most important numbers. The Greek Overall Industrial Production Index (IPI) reached in 2023 a 14-year high (121.5). While still far from its pre-crisis average, this is the highest reading since 2009 (122.6) with a trend that has been consistently positive since the bottom in 2014/2015.
First, we need to elevate the idea of Hellenic production — i.e. manufacturing made in Greece. This needs to become a top priority for Greek policymakers. Second, we need to listen to and invest in our domestic manufacturers. They face many obstacles and a constant uphill battle with little (if any) support from the state.
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