Industrial production in Greece rose by 3.9% in May 2026 compared to May 2025, according to data released by ELSTAT—the Hellenic Statistical Authority. Manufacturing output increased by 3.7% over the same period.
Key Sectoral Trends
The overall industrial production index climbed 3.9% year-on-year—up sharply from a modest 0.1% increase recorded in the May 2025–2024 comparison. This growth was driven by notable gains across several sectors:
- Electricity supply: +7.1%
- Manufacturing: +3.7%
The largest percentage increase was observed in the manufacture of other transport equipment. In contrast, the steepest declines occurred in extractive industries—including coal and lignite mining, crude oil and natural gas extraction, and supporting mining activities.
Declining Sectors
Among the sectors showing contraction:
- Water supply: −2.1%
- Mining and quarrying: −10.9%
Broader Context
For the first five months of 2026, the average industrial production index rose 3.9% compared to January–May 2025. On a seasonally adjusted basis, the general index increased by 1.9% in May 2026 compared to April 2026.