Its complete restart economy.but also the rise in prices for the goods sold, due to a significant increase in the cost of production, led to an increase in trade in industry double-digit percentage for the second year in a row. However, it is worth noting that in recent months there has been a significantly larger increase in the turnover index in the domestic market compared to the corresponding index in the external market, which to a certain extent means that Greek manufacturing companies, in their efforts to remain internationally competitive, they make their products available abroad at lower prices. The relatively smaller increase in the foreign market turnover index also indicates, of course, a possible containment of orders precisely because of inflationary pressure, which was also reflected in the purchasing managers’ index in the manufacturing industry (PMI index).

According to her Hellenic Statistical Office (ELSTAT)industrial turnover index ended December 2022 with an increase of 16.7% compared to December 2021 Average overall index for the twelve months from January 2022 to December 2022 compared with the corresponding index for the twelve months from January 2021 December 2021 showed an increase of 33.1% compared to an increase of 25.6% recorded when comparing the corresponding previous twelve months.

The aid is linked to restarting the economy, as well as higher prices due to inflation.

In particular, in December 2022, the domestic market turnover index increased by 23% compared to December 2021, while the external market turnover index increased by only 6.8% over the same period. This deviation has been observed since September. So, in September 2022, the domestic market index increased by 34.5% year on year, and the external market index – by 7%, in October they increased by 28.7% and 20.5%, respectively, in November – by 22% and 12.4%. It is recalled that according to S&P Global, which compiles the PMI index in December, the reduction in demand from foreign clients was one of the fastest recorded since January 2021.

In addition to petroleum products, where the turnover of the entire market increased by 186.8%, the following industries showed a large increase in December 2022 compared to December 2021: tobacco products (78.3%), electronics, computers, electronic and optical products. (34.6%), production of electrical equipment (25.3%).