Greek manufacturing slumped in August

Source: RTT News
Industrial production in Greece declined 7.2% in August of 2013 on the annual basis, while in July the output posted a contraction of 7.7%. On the monthly basis, the index dropped 11% after a 0.2% rise in July. According to the data, all majors industrial sectors registered a decline. Moreover, quarrying and mining sector plunged 16.4% from the previous year, but electricity production fell 13.3%.
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