The Hellenic Statistical Authority announced the Turnover Index in Industry with base year 2015=100.0 for April 2023, the evolution of which on the basis of provisional data, is as follows:
The Overall Turnover Index in Industry (both Domestic and Non-Domestic Market) in April 2023 recorded a decrease of 7.4% compared with the corresponding index of April 2022. The Overall Turnover Index in Industry in April 2022 increased by 34.1% compared with the corresponding index in April 2021.
The Overall Turnover Index in Industry in April 2023, compared with March 2023, recorded a decrease of 12.3%.
The average Overall Turnover Index in Industry for the 12-month period from May 2022 to April 2023 increased by 22.7%, compared with the corresponding index of the 12-month period from May 2021 to April 2022. The average Overall Turnover Index in Industry for the 12-month period from May 2021 to April 2022 increased by 33.4% compared with the corresponding index of the 12-month period from May 2020 to April 2021
Evolution of the Overall Turnover Index in Industry in April 2023
I. Annual changes of the Overall Turnover Index in Industry: April 2023/April 2022
The 7.4% decrease in the Overall Turnover Index in Industry in April 2023, compared with the corresponding index in April 2022, was due to the following:
1. Changes in the sub-indices of the industrial sections:
• The Turnover Index in Manufacturing decreased by 7.6%. The decrease was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: chemicals and chemical products, basic metals, coke
and refined petroleum products.
• The Turnover Index in Mining and quarrying increased by 11.8%. The increase was the result of the annual change of the sub-index in the following 2-digit division: other mining and quarrying products.
2. Changes in the sub-indices in Domestic and Non-Domestic Markets:
• The Turnover Index in Industry in Non-Domestic Market decreased by 14.4%.
• The Turnover Index in Industry in Domestic Market decreased by 2.9%
II. Annual changes of the Turnover Index in Industry in Domestic Market: April 2023/April 2022
The 2.9% decrease of the Turnover Index in Industry in Domestic Market in April 2023, compared with April 2022, is due to the annual changes in the sub-indices of the following industrial sections:
•The Turnover Index in Manufacturing decreased by 3.0%. The decrease was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: tobacco products, chemicals and chemical products, rubber and
plastic products.
•The Turnover Index in Mining and quarrying increased by 9.2%. The increase was the result of the annual change of the sub-index in the following 2-digit division: other mining and quarrying products.
III. Annual changes of the Turnover Index in Industry in Non-Domestic Market: April 2023/April 2022
The 14.4% decrease of the Turnover Index in Industry in Non-Domestic Market in April 2023, compared with April 2022, was due to the following:
1. Changes in the sub-indices of the industrial sections:
• The Turnover Index in Manufacturing decreased by 14.7%. The decrease was mainly the result of the annual
changes of the sub-indices in the following 2-digit divisions: basic metals, chemicals and chemical products,
electrical equipment, coke and refined petroleum products.
• The Turnover Index in Mining and quarrying increased by 14.5%. The increase was the result of the annual
change of the sub-index in the following 2-digit division: other mining and quarrying products.
2. Changes in the sub-indices in Eurozone and Non-Eurozone countries:
• The Turnover Index in Industry in Non-Eurozone countries decreased by 20.1% (Table 5).
• The Turnover Index in Industry in Eurozone countries decreased by 3.8%
IV. Monthly changes of the Overall Turnover Index in Industry: April 2023/March 2023
The 12.3% decrease of the Overall Turnover Index in Industry in April 2023, compared with the corresponding index in March 2023, was due to the following:
1. Changes in the sub-indices of industrial sections (Table 6):
• The Turnover Index in Mining and quarrying decreased by 30.7%.
• The Turnover Index in Manufacturing decreased by 12.1%.
2. Changes in the sub-indices in Domestic and Non-Domestic Market:
• The Turnover Index in Industry in Non-Domestic Market decreased by 19.7% (Table 8).
• The Turnover Index in Industry in Domestic Market decreased by 7.5% (
Latest News
DM Dendias: We talk With Turkey But We Always Bring Up Their Unacceptable Positions
Second and last day of closely watched conference, entitled 'Metapolitefsi 1974-2024: 50 Years of Greek Foreign Policy', also included appearances by PM Mitsotakis, Ex-PM Tsipras and PASOK leader Nikos Androulakis, among others
Rhodes Airport Tops Fraport Greece’s Regional Airports in 2024 Performance
According to Fraport's data, more than 35 million passengers (specifically 35.2 million) were handled by Fraport-managed airports during the 11 months.
European Central Bank Cuts Interest Rates by 25 Basis Points
It is the fourth cut of interest rates by Europe’s central bank, a move expected by the markets and financial analysts leading to the rate settling at 3%.
Airbnb: New Measures Add €600 in Extra Costs for Property Owners
Property managers face an immediate administrative fine of 5,000 euros if access to the inspected property is denied or any of the specified requirements are not met.
Economist: Greece Included in the Best Performing Economies in 2024
Meanwhile, Northern European countries disappoint, with sluggish performances from the United Kingdom and Germany.
EasyJet Expands Its Routes from Athens
The airline’s two new routes will be to London Luton and Alicante and they will commence in summer 2025.
Capital Link Forum Highlights Greece’s Economic Resurgence; Honors BoG Gov Stournaras
Capital Link Hellenic Leadership Award recipient, Bank of Greece Gov. Yannis Stournaras, an ex-FinMin, was lauded for his pivotal role during Greece’s economic recovery
Tourist Spending in Greece Up by 14%, Visa Card Analysis Shows
Greece’s capital Athens emerged as the most popular destination, recording a 17% increase in transactions with Visa cards, surpassing even the cosmopolitan island of Mykonos.
Inflation in Greece Unchanged at 2.4% in Nov. 2024
The general consumer price index (CPI) posted a 0.4% decrease in November compared to the previous month
2024 Christmas Holidays: Extended Shop Hours Schedule
The 2024 Christmas Holidays extended shop hours schedule commences on Thursday, December 12 and runs until the end of the year.