2010.08.1907:13:00UTC+00Greek June Industrial Turnover Growth Slows, New Orders Rise

The Greek industrial turnover growth eased in June from the previous year, but new orders increased, the statistical office said on Thursday.

The industrial turnover increased 6.1% on an annual basis in June, slower than a 13.6% growth in the previous month. The turnover increased for the seventh consecutive month. A year earlier, industrial turnover slipped 26.9%.

The turnover index for the domestic market decreased 1.6% annually in June, same as in the previous month. At the same time, industrial turnover for the non-domestic market climbed 27.1%, but slowing from 58.9% in May.

Further, the statistical office said, industrial new orders grew 1.9% annually in June, compared to a 1.9% fall in the previous month. A year ago, new orders decreased 33.8%. The new orders index in the domestic market fell 11.4% and new orders for the non-domestic market grew 27.4%.

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