Decreased in May the business expectations index in industry at 110.8 points from 113.1 points a month ago, but at a higher level than one year earlier (109.2 points), according to the developments in his industry industry IOBE.
As the IOBE figures show, international upheavals and uncertainties that have remained in the global and European economy for a long time does not seem to have significant effects so far. Critical is expected to be overall for the economy, and the impact of the recovery fund, the final stages of which affect the growth of the economy and its quality characteristics. In April, industrial production declined 4.3% over Greece, compared to a marginal increase of 0.6% in the EU27.
Also downstairs were the trends in the individual sectors of industry in April. In particular, a decrease in processing (-1.1%), mines-Lattas (-4.0%), and more intense for electricity (-19.6%). In sectors of high importance for the Greek economy, there were rises in basic metals (11.6%), food (4.6%) and pharmaceuticals (1.9%).
The factory use rate fell to 79.1% in April (from 74.7% in January), with secured production being 7.2 months from 4.9 months in January.
It is noted that in the first quarter of 2025, employment in industry decreased by 3.3%to 418.2 thousand people compared to the corresponding quarter of 2024. The IOBE report records employment enhancement throughout the economy (+1.0%, Yoy), with employees at 4216.8 mm. (+43.4 mm compared to one year before).
The process of working costs in the processing stood at 115 points per trim. of 2024, with a rise of 6.2% over a year before.