Greek industrial output drops 3.1 pct y/y in March

Greek industrial output fell 3.1 percent year-on-year in March, from an upwardly revised expansion of 3.1 percent in the previous month, statistics service (ELSTAT) said on Friday. The decline is primarily due to a decrease of 8.3 percent in electricity production, which often depends on household heating use. Greek industry has been in decline for six consecutive years in 2008-2013, contracting ...

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