The turnover of Greek industry recorded a strong increase in July, according to the provisional data of ELSTAT, with the external market being the main driver of the acceleration.
More specifically, the General Turnover Index in Industry increased by 16.4% in July 2026 compared with the corresponding month of 2025, against a decrease of 2.1% recorded in the corresponding comparison of 2025 with 2024. On a monthly basis, the index strengthened by 6.8% compared with June 2026.
It is noted that the index reflects industrial activity in value terms, that is, the amounts invoiced at current prices, and not in production volume. Consequently, its changes are significantly affected by the course of prices – especially of energy products, which carry great weight in this year's figures.
This performance came from both manufacturing and the mining-quarrying sector. Manufacturing turnover increased by 16.4%, while that of mining-quarrying increased by 15.0%.
Exports up 25.7%
The picture was particularly strong in foreign markets, where industrial turnover increased by 25.7% on an annual basis. The rise came from a 25.8% increase in manufacturing and 16.7% in mining-quarrying.
At the level of geographical distribution, turnover to Eurozone countries increased by 28.0%, while to countries outside the Eurozone by 24.0%.
Correspondingly, in the domestic market the index increased by 12.0%, with manufacturing recording a rise of 12.0% and mining-quarrying 13.9%.
Energy takes the lead
In the market as a whole, energy showed the largest annual increase among the main groups of industrial sectors, with its turnover increasing by 44.2%. It was followed by intermediate goods with 17.2%, capital goods with 9.6%, durable consumer goods with 7.7% and non-durable consumer goods with 2.1%.
The performance of energy was even stronger in exports, where the relevant index increased by 83.0% on an annual basis. In exports to the Eurozone, the increase in energy reached 89.1%, while to countries outside the Eurozone it reached 81.1%. In the domestic market, however, the rise was clearly more restrained, at 22.1%.
The sectors that provided the boost
In the market as a whole, among the sectors with the greatest contribution to the annual change, the manufacture of electrical equipment stood out, with a turnover increase of 46.6%, the manufacture of coke and refined petroleum products with 44.5%, the mining of metal ores with 25.1%, the manufacture of basic metals with 18.4% and other mining and quarrying with 17.2%.
In the external market, the manufacture of machinery and equipment recorded an impressive increase of 106.8%, while the manufacture of coke and refined petroleum products increased by 84.1%. It is noted that figures of this magnitude in individual sectors are usually associated with isolated large deliveries and do not necessarily reflect a lasting trend.
An interesting picture is also recorded in the domestic market, where the manufacture of electrical equipment strengthened by 72.7% and the activities of mining coal, lignite and hydrocarbons by 51.8%.
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