Ascending trajectory industrial production in June 2022, even registering the highest annual growth since the beginning of the year. This element is important both for the sector and for the national economy as a whole, especially in connection with the fear of a general recession and its impact on the economy. treatment. However, it should be noted that a negative sign has already appeared in some sub-sectors. Recall that in July the index of purchasing managers in the manufacturing industry, known as PMI index– fell below the 50-point mark, which indicates a recession in the industry, the main reason for which is the reduction in production and new orders both in the domestic and foreign markets.

In particular, according to the data announced yesterday Hellenic Statistical Office (ELSTAT) The Industrial Production Index rose 8.4% in June 2022 compared to June 2021 compared to a 9.1% increase in June 2021 compared to June 2020.

Recorded the highest increase (8.4%) year on year since the beginning of the year.

The 8.4% year-on-year increase in the index is mainly due to a 13.2% increase in the electricity supply index and a 7.6% increase in the manufacturing industry index. The increase in the manufacturing industry index was mainly due to the growth of industrial production in the following sectors: production of cars, trailers and semi-trailers (64.2%), production of other transport equipment (53.1%), production of computers, electronic and optical products (33%), woodworking industry and production of wood and cork products (32.4%), electrical equipment production (16.8%), pharmaceutical industry (16.4%).

However, in four industries in June 2022 compared to June 2021, a decrease in industrial production was recorded. other non-metallic mineral products (-1.2%) and finally in the chemicals and products sector (-0.8%). In January-June 2022, the average industrial production index increased by 3.3% compared to the corresponding period in 2021, while the decline in production is observed in many other industries. In particular, the average indicator decreased by 4.2% in the production of tobacco products, textiles (2.4%), the production of coke and refined petroleum products (2.5%), the chemical industry (2.5%), the production of other non-metallic mineral products. (1.4%), as well as in the sector of production of metal products (also down by 1.4%).

Finally, compared to May 2022, the industrial production index increased by 3.2% in June 2022.