Domestic trade increased significantly industry in July last year, reflecting the full recovery of economic activity from the pandemic, as well as rising prices. In particular, as reported Greek Statistical OfficeThe overall industry turnover index (the sum of the domestic and foreign market) showed an increase of 38.9% in July this year compared to the corresponding figure in July 2021, compared with an increase of 25.1% recorded in the corresponding comparison of 2021 with 2020.

On a monthly basis, the industry-wide turnover index in July 2022 decreased slightly by 1.3% compared to the corresponding index in June 2022.

On a 12-month basis, the average overall index appreciated by 38% between August 2021 and July 2022, compared to a 6.6% increase from the corresponding previous twelve months.

According to ELSTAT, the annual increase of 38.9% in the total industrial turnover index in July was due to:

On an annualized basis, in July, trade increased by 38.9%, and compared to June 2022, it decreased by 1.3%.

• 39.0% increase in the production turnover index. This increase was mainly driven by changes in performance in double-digit industries: coke and refined petroleum products, tobacco, chemicals and products, and base metals.

• An increase of 22.1% in the turnover rate of mines – quarries. This increase was mainly due to changes in the indexes of double-digit industries: mining, coal and lignite mining – crude oil and natural gas extraction – ancillary activities in the mining industry.

• Increase in the domestic market turnover index by 39.3%.

• Increase in the foreign market turnover index by 38.1%.