A slowdown in the inflation rate helped in the de-escalation of the industrial turnover index in the first month of 2023.
The turnover index in the industrial sector (a composite index measuring both the domestic and external market) grew 17.7% in January this year compared with the same month in 2022, after a 36.4% jump recorded in the corresponding months in 2022 and 2021, Hellenic Statistical Authority said on Monday.
More specifically, the statistics service attributed this development to a 17.8% increase in the manufacturing turnover index and a 5.8% rise in the mining turnover index. The domestic market index rose 18.2% in January, while the external market index rose 17%. The industrial turnover index fell 17.2% in January from December 2022.
