Turnover in industry showed strong annual growth in April, which was recorded strengthened by 33.3% compared to the same period last year, although it moved slightly down by 2.6% compared to March.
In detail, the Hellenic Statistical Authority announced the Turnover Index in Industry, with base year 2015 = 100.0 and reference month in April 2022, the evolution of which, according to provisional data, is as follows:
The General Turnover Index in Industry (total domestic and foreign market) of April 2022, compared to the corresponding index of April 2021, presented increase 33.3% compared to a 53.0% increase in the corresponding comparison between 2021 and 2020.
The General Index of Turnover in Industry for the month of April 2022, compared to the corresponding index of March 2022, showed a decrease of 2.6%.
The average General Index of the twelve months May 2021 – April 2022, compared to the corresponding index of the twelve months May 2020 – April 2021, showed an increase of 33.3%, compared to a decrease of 5.1% compared to the previous twelve months.
Comparison of General Turnover Index in Industry
The increase of the General Turnover Index in Industry by 33.3% in April 2022, compared to the corresponding index of April 2021, came from:
1. From the changes of the indices of the sub-sectors of the industry:
– Increase by 34.1% of the Manufacturing Turnover Index. The changes in the indicators of the double-digit sectors contributed mainly to this increase: production of coke and oil refining products, production of basic metals, production of chemicals and products, food industry
– Reduction by 24.3% of the Turnover Index of Mines – Quarries. This decrease was mainly due to the changes in the indicators of the double-digit sectors: coal and lignite mining – crude oil and natural gas extraction – supportive mining activities, other mines and quarries.
2. From the changes in the indices of the individual markets:
– Increase by 33.4% of the Domestic Market Turnover Index
– Increase by 33.3% of the External Market Turnover Index
Comparison of Domestic Market Turnover Index
The increase of the Domestic Market Turnover Index by 33.4% in April 2022, compared to the corresponding index of April 2021, came from the following changes in the indices of the individual industry sectors:
– Increase by 33.5% of the Manufacturing Turnover Index. The changes in the indicators of the double-digit sectors contributed mainly to this increase: production of coke and oil refining products, production of basic metals, food industry, production of chemicals and products.
– Increase by 15.8% of the Turnover Index of Mines – Quarries. This increase was mainly due to the changes in the indicators of the double-digit sectors: coal and lignite mining – crude oil and gas extraction – supportive mining activities, mining of minerals.
Comparison of Foreign Market Turnover Index
The increase of the General Index of Foreign Market Turnover by 33.3% in the month of April 2022, compared to the corresponding index of April 2021, came from:
1. From the changes of the indices of the sub-sectors of the industry
– Increase by 35.0% of the Manufacturing Turnover Index. The changes in the indicators of the double-digit sectors contributed mainly to this increase: production of coke and oil refining products, production of basic metals, food industry.
– Reduction by 43.9% of the Turnover Index of Mines – Quarries. This decrease was mainly due to the changes in the indicators of the double-digit sectors: coal and lignite mining – crude oil and natural gas extraction – supportive mining activities, other mines and quarries.
2. From the changes in the indices of the individual markets:
– 39.8% increase in the External Market Turnover Index outside the Eurozone
– 22.5% increase in the Eurozone External Market Turnover Index
Comparison of General Turnover Index in Industry
The decrease of the General Turnover Index in Industry by 2.6% in April 2022, compared to the corresponding index of March 2022, was due to:
1. From the changes of the indices of the sub-sectors of the industry:
– Reduction by 9.3% of the Turnover Index of Mines – Quarries
– Reduction by 2.6% of the Manufacturing Turnover Index
2. From the changes in the indices of the individual markets:
– Reduction by 2.7% of the Domestic Market Turnover Index.
– Reduction by 2.5% of the Foreign Market Turnover Index.
Source: Capital
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