Fundsmith Emerging Equities Trust : Turnover Index in Industry (2015=100.0), November 2019

HELLENIC REPUBLIC

HELLENIC STATISTICAL AUTHORITY

PRESS RELEASE

Piraeus, 20 January 2020

TURNOVER INDEX IN INDUSTRY: November 2019, y-o-y decrease of 7.9%

The Hellenic Statistical Authority announces the Turnover Index in Industry with base year 2015=100.0 for November 2019, on the basis of provisional data, which is as follows:

The Overall Turnover Index in Industry (both domestic and non-domestic market) in November 2019 recorded a decrease of 7.9% compared with the corresponding index of November 2018. In November 2018, the corresponding annual change of the Overall Turnover Index in Industry was increase 7.6% (Table 1).

The Overall Turnover Index in Industry in November 2019, compared with October 2019, recorded a decrease of 6.3% (Table 6).

The average Overall Turnover Index in Industry for the 12-month period from December 2018 to November 2019 decreased by 1.2%, compared with the corresponding index of the 12-month period from December 2017 to November 2018. In November 2018, the corresponding annual rate of change of the Overall Turnover Index in Industry for the previous 12-month periods was increase 9.4% (Table 13).

Graph 1. Evolution of monthly (m-o-m) and annual (y-o-y) rates of change of the Overall Turnover

Index in Industry (%)

30
25
20
15
10
5
0
-5
-10
-15
-20
-25
1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11
					2017											2018											2019

			Monthly rate of change	Annual rate of change
Information for methodological issues:	Information for data provision:
Division of Business Statistics	Tel: [phone], 2308, 2310
Section of Manufacture-Construction Indices and Industrial Products	E-mail:[e-mail]
Head of the Section : Diamantaki Aikaterini
Tel: [phone]
Fax: [phone]
E-mail:[e-mail]

1

Evolution of the Overall Turnover Index in Industry in November 2019

I. Annual changes of the Overall Turnover Index in Industry: November 2019/November 2018

The 7.9% decrease in the Overall Turnover Index in Industry in November 2019, compared with the corresponding index in November 2018, was due to the following:

1. Changes in the sub-indices of the industrial sections (Table 1):

• The Turnover Index in Manufacturing decreased by 8.0%. The decrease was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: wearing apparel, coke and refined petroleum products, basic metals.
• The Turnover Index in Mining and quarrying increased by 7.1%. The increase was mainly the result of the annual change of the sub-index in the following 2-digit division: mining of metal ores.

1. Changes in the sub-indices in domestic and non-domestic markets:

• The Turnover Index in Industry in domestic market decreased by 1.9% (Table 2).
• The Turnover Index in Industry in non-domestic market decreased by 17.3% (Table 3).

Graph 2. Evolution of annual (y-o-y) rates of change of the Overall Turnover Index in Industry, Turnover

Index in Domestic Market and Turnover Index in Non-Domestic Market (%)

40
30
20
10
0
-10
-20
1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11
					2017											2018											2019
					Overall Turnover Index in Industry									Turnover Index in Domestic Market

Turnover Index in Non-Domestic Market

II. Annual changes of the Turnover Index in Industry in Domestic Market: November 2019/November 2018

The 1.9% decrease of the Turnover Index in Industry in domestic market in November 2019, compared with November 2018, is due to the following annual changes in the sub-indices of the following industrial sections (Table 2):

• The Turnover Index in Mining and quarrying decreased by 12.3%. The decrease was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: mining of coal and lignite - extraction of crude petroleum and natural gas - mining support service activities, other mining and quarrying products.
• The Turnover Index in Manufacturing decreased by 1.8%. The decrease was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: coke and refined petroleum products, other transport equipment.

2

III. Annual changes of the Turnover Index in Industry in Non-Domestic Market: November 2019/November 2018

The 17.3% decrease of the Turnover Index in Industry in Non-Domestic market in November 2019, compared with

November 2018, was due to the following:

1. Changes in the sub-indices of the industrial sections (Table 3):

• The Turnover Index in Manufacturing decreased by 18.0%. The decrease was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: wearing apparel, coke and refined petroleum products, other non-metallic mineral products, basic metals.
• The Turnover Index in Mining and quarrying increased by 25.7%. The increase was mainly the result of the annual changes of the sub-indices in the following 2-digit divisions: mining of metal ores, other mining and quarrying products.

1. Changes in the sub-indices in Eurozone and Non-Eurozone countries:

• The Turnover Index in Industry in Eurozone countries decreased by 4.8% (Table 4).
• The Turnover Index in Industry in non-Eurozone countries decreased by 24.5% (Table 5).

Graph 3. Evolution of annual (y-o-y ) rates of change of Turnover Index in Industry in Non-Domestic

Market, Turnover Index in Eurozone Countries, Turnover Index in Non-Eurozone Countries (%)

40
30
20
10
0
-10
-20
-30
-40
1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11	12	1	2	3	4	5	6	7	8	9	10	11
					2017											2018											2019
						Non-Domestic Market						Eurozone Countries					Non-Eurozone Countries

IV. Monthly changes of the Overall Turnover Index in Industry: November 2019/ October 2019

The 6.3% decrease of the Overall Turnover Index in Industry in November 2019, compared with the corresponding index in October 2019, was due to the following:

1. Changes in the sub-indices of industrial sections (Table 6):

• The Turnover Index in Mining and quarrying decreased by 5.8%.
• The Turnover Index in Manufacturing decreased by 6.3%.

1. Changes in the sub-indices in domestic and non-domestic market:

• The Turnover Index in Industry in domestic market decreased by 5.4% (Table 7).
• The Turnover Index in Industry in non-domestic market decreased by 8.0% (Table 8).

3

Table 1. Annual rates of change of the Turnover Index in Industry: Total Market

Base year: 2015=100.0

	Code		D i v i s i o n			Weights						November					Rate of change (%)
						2019*			2018		2017				2019/2018		2018/2017
			OVERALL INDEX						106.51				115.60		107.40				-7.9			7.6
	Β		MINING AND QUARRYING			100.00			101.76				94.99		93.70				7.1			1.4
05-06-09		Mining of coal and lignite - Extraction of	21.19		32.05	56.70	42.97		-43.5	31.9
			crude petroleum and natural gas - Mining
			support service activities
07		Mining of metal ores	17.56		178.99	123.97	100.96		44.4	22.8
08		Other mining and quarrying products	61.25		103.73	99.92	109.17		3.8	-8.5
	C		MANUFACTURING			100.00			106.57				115.88		107.58				-8.0			7.7
10		Food	23.39		105.42	101.59	102.41		3.8	-0.8
11		Beverages	3.57		88.08	79.57	75.10		10.7	6.0
12		Tobacco products	1.19		137.78	132.37	93.72		4.1	41.2
13		Textiles	1.28		110.30	105.35	99.34		4.7	6.0
14		Wearing apparel	1.80		98.08	110.21	106.09		-11.0	3.9
15		Leather and related products	0.34		97.13	80.17	84.10		21.2	-4.7
16		Wood and products of wood and cork, except	0.72		102.78	110.16	103.07		-6.7	6.9
			furniture
17		Paper and paper products	2.44		114.19	113.90	109.20		0.2	4.3
18		Printing and reproduction of recorded	1.17		103.72	101.73	98.42		2.0	3.4
			products
19		Coke and refined petroleum products	28.73		95.21	125.01	114.19		-23.8	9.5
20		Chemicals and chemical products	4.43		100.88	104.01	96.24		-3.0	8.1
21		Basic pharmaceutical products and	3.67		151.95	149.31	113.53		1.8	31.5
			pharmaceutical preparations
22		Rubber and plastic products	3.47		108.18	108.27	101.08		-0.1	7.1
23		Other non-metallic mineral products	3.31		108.48	117.93	113.35		-8.0	4.0
24		Basic metals	7.19		116.78	149.19	138.72		-21.7	7.5
25		Fabricated metal products, except machinery	4.51		97.24	103.06	94.37		-5.6	9.2
			and equipment
26		Computers, electronic and optical products	0.78		201.20	145.48	118.35		38.3	22.9
27		Electrical equipment	2.65		154.98	136.74	111.61		13.3	22.5
28		Machinery and equipment n.e.c.	1.56		119.32	115.29	112.85		3.5	2.2
29		Motor vehicles, trailers and semi-trailers	0.23		125.31	104.69	101.42		19.7	3.2
30		Other transport equipment	0.52		59.31	88.79	80.21		-33.2	10.7
31		Furniture	0.97		116.43	117.73	102.11		-1.1	15.3
32		Other manufacturing	0.66		106.83	97.95	96.72		9.1	1.3
33		Repair and installation of machinery and	1.42		98.06	87.80	81.72		11.7	7.4
			equipment
			MAIN INDUSTRIAL GROUPINGS
1		Energy	28.57		94.79	124.42	113.56		-23.8	9.6
2		Intermediate goods	28.29		111.27	119.58	112.07		-6.9	6.7
3		Capital goods	7.00		113.34	110.11	99.50		2.9	10.7
4		Consumer Durables	1.86		129.52	116.47	105.10		11.2	10.8
5		Consumer Non-Durables	34.28		109.69	106.03	100.15		3.5	5.9

* Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

4

Table 2. Annual rates of change of the Turnover Index in Industry: Domestic Market

Base year: 2015=100.0

	Code		D i v i s i o n			Weights						November					Rate of change (%)
						2019*			2018		2017				2019/2018		2018/2017
			OVERALL INDEX						105.09			107.15		102.29				-1.9			4.8
	Β		MINING AND QUARRYING			100.00			72.00				82.07		84.66				-12.3			-3.1
05-06-09	Mining of coal and lignite - Extraction of crude	31.66			37.89		67.03		50.80			-43.5	31.9
		petroleum and natural gas - Mining support
		service activities
07	Mining of metal ores	12.83			108.12		88.40		110.28			22.3	-19.8
08	Other mining and quarrying products	55.50			83.10		89.19		98.06			-6.8	-9.0
	C		MANUFACTURING			100.00			105.47				107.44		102.49				-1.8			4.8
10	Food	28.50			102.39		98.10		100.37			4.4	-2.3
11	Beverages	4.86			86.23		74.98		72.92			15.0	2.8
12	Tobacco products	0.51			172.41		120.84		94.41			42.7	28.0
13	Textiles	1.11			103.13		95.02		94.74			8.5	0.3
14	Wearing apparel	1.77			104.37		106.83		108.56			-2.3	-1.6
15	Leather and related products	0.41			88.35		87.13		83.73			1.4	4.1
16	Wood and products of wood and cork, except	0.96			98.68		108.05		100.10			-8.7	7.9
		furniture
17	Paper and paper products	3.12			110.96		111.71		106.07			-0.7	5.3
18	Printing and reproduction of recorded	1.63			86.51		93.86		96.60			-7.8	-2.8
		products
19	Coke and refined petroleum products	24.90			96.16		110.99		103.86			-13.4	6.9
20	Chemicals and chemical products	4.90			97.41		101.20		97.22			-3.7	4.1
21	Basic pharmaceutical products and	3.85			136.90		127.11		106.85			7.7	19.0
		pharmaceutical preparations
22	Rubber and plastic products	3.31			101.47		102.51		98.92			-1.0	3.6
23	Other non-metallic mineral products	3.31			110.24		114.54		102.41			-3.8	11.8
24	Basic metals	3.49			147.01		153.22		167.97			-4.0	-8.8
25	Fabricated metal products, except machinery	4.25			117.74		127.02		108.54			-7.3	17.0
		and equipment
26	Computers, electronic and optical products	0.40			158.16		123.43		114.72			28.1	7.6
27	Electrical equipment	2.24			159.14		165.91		106.95			-4.1	55.1
28	Machinery and equipment n.e.c.	1.46			123.43		104.68		105.65			17.9	-0.9
29	Motor vehicles, trailers and semi-trailers	0.27			125.04		100.79		93.83			24.1	7.4
30	Other transport equipment	0.58			49.47		68.31		62.60			-27.6	9.1
31	Furniture	1.35			105.48		107.85		97.93			-2.2	10.1
32	Other manufacturing	0.88			105.08		92.36		92.83			13.8	-0.5
33	Repair and installation of machinery and	1.92			99.78		90.99		85.96			9.7	5.9
		equipment
			MAIN INDUSTRIAL GROUPINGS
1	Energy	24.89			95.67		110.45		103.18			-13.4	7.0
2	Intermediate goods	25.73			111.17		115.11		109.40			-3.4	5.2
3	Capital goods	7.19			118.66		113.62		101.63			4.4	11.8
4	Consumer Durables	2.31			113.84		113.35		101.74			0.4	11.4
5	Consumer Non-Durables	39.88			104.09		98.44		97.29			5.7	1.2
			* Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

5

Table 3. Annual rates of change of the Turnover Index in Industry: Non-Domestic Market

Base year: 2015=100.0

	Code		D i v i s i o n			Weights						November					Rate of change (%)
						2019*			2018		2017				2019/2018		2018/2017
			OVERALL INDEX							109.30				132.24		117.46				-17.3			12.6
	Β		MINING AND QUARRYING			100.00				140.61				111.83		105.49				25.7			6.0
05-06-09	Mining of coal and lignite - Extraction of crude	7.53		0.00		0.00		0.00		-	-
		petroleum and natural gas - Mining support
		service activities
07	Mining of metal ores	23.74		229.00		149.07		94.39		53.6	57.9
08	Other mining and quarrying products	68.74		125.48		111.22		120.87		12.8	-8.0
	C		MANUFACTURING			100.00				108.75				132.59		117.67				-18.0			12.7
10	Food	13.27		118.29		116.42		111.09		1.6	4.8
11	Beverages	1.01		105.72		123.38		95.91		-14.3	28.6
12	Tobacco products	2.53		123.82		137.02		93.44		-9.6	46.6
13	Textiles	1.61		120.14		119.52		105.66		0.5	13.1
14	Wearing apparel	1.86		86.24		116.58		101.43		-26.0	14.9
15	Leather and related products	0.19		134.90		50.23		85.66		168.6	-41.4
16	Wood and products of wood and cork, except	0.24		135.28		126.86		126.64		6.6	0.2
		furniture
17	Paper and paper products	1.11		132.15		126.08		126.61		4.8	-0.4
18	Printing and reproduction of recorded	0.26		318.10		199.82		121.13		59.2	65.0
		products
19	Coke and refined petroleum products	36.32		93.93		144.06		128.23		-34.8	12.3
20	Chemicals and chemical products	3.50		110.49		111.78		93.53		-1.2	19.5
21	Basic pharmaceutical products and	3.30		186.72		200.60		128.97		-6.9	55.5
		pharmaceutical preparations
22	Rubber and plastic products	3.79		119.82		118.25		104.83		1.3	12.8
23	Other non-metallic mineral products	3.31		104.98		124.65		135.04		-15.8	-7.7
24	Basic metals	14.54		102.40		147.27		124.81		-30.5	18.0
25	Fabricated metal products, except machinery	5.03		62.90		62.92		70.63		0.0	-10.9
		and equipment
26	Computers, electronic and optical products	1.52		223.60		156.95		120.24		42.5	30.5
27	Electrical equipment	3.44		149.60		99.05		117.62		51.0	-15.8
28	Machinery and equipment n.e.c.	1.76		112.56		132.72		124.69		-15.2	6.4
29	Motor vehicles, trailers and semi-trailers	0.14		126.35		119.88		130.97		5.4	-8.5
30	Other transport equipment	0.40		87.36		147.17		130.42		-40.6	12.8
31	Furniture	0.21		255.85		243.53		155.45		5.1	56.7
32	Other manufacturing	0.22		120.43		141.24		126.85		-14.7	11.3
33	Repair and installation of machinery and	0.43		82.93		59.77		44.46		38.8	34.4
		equipment
			MAIN INDUSTRIAL GROUPINGS
1	Energy	35.82		93.59		143.54		127.76		-34.8	12.3
2	Intermediate goods	33.33		111.42		126.38		116.12		-11.8	8.8
3	Capital goods	6.62		101.98		102.59		94.95		-0.6	8.1
4	Consumer Durables	0.98		202.55		131.03		120.76		54.6	8.5
5	Consumer Non-Durables	23.25		128.63		131.71		109.80		-2.3	20.0
		* Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

6

Table 4. Annual rates of change of the Turnover Index in Industry: Eurozone Countries

Base year: 2015=100.0

Code	Sections and main groupings		November			Rate of change (%)
2019*	2018		2017		2019/2018	2018/2017
	OVERALL INDEX	131.22	137.83		110.15		-4.8	25.1
	INDUSTRIAL SECTIONS
B	MINING AND QUARRYING	148.18	126.45	113.00	17.2	11.9
C	MANUFACTURING	130.88	138.06	110.09	-5.2	25.4
	MAIN INDUSTRIAL GROUPINGS
1	Energy	120.65	158.35	104.87	-23.8	51.0
2	Intermediate goods	130.27	136.59	117.06	-4.6	16.7
3	Capital goods	126.47	120.06	110.78	5.3	8.4
4	Consumer Durables	374.46	208.78	165.62	79.4	26.1
5	Consumer Non-Durables	131.92	125.03	103.89	5.5	20.3

* Provisional data

Table 5. Annual rates of change of the Turnover Index in Industry: Non-Eurozone Countries

Base year: 2015=100.0

Code	Sections and main groupings		November			Rate of change (%)
2019*	2018		2017		2019/2018	2018/2017
	OVERALL INDEX	97.65	129.26		121.35		-24.5	6.5
	INDUSTRIAL SECTIONS
B	MINING AND QUARRYING	135.64	102.24		100.56	32.7	1.7
C	MANUFACTURING	97.04	129.70		121.69	-25.2	6.6
	MAIN INDUSTRIAL GROUPINGS
1	Energy	85.79	139.27		134.36	-38.4	3.7
2	Intermediate goods	99.14	119.72		115.51	-17.2	3.6
3	Capital goods	93.68	96.67		89.58	-3.1	7.9
4	Consumer Durables	83.83	77.34		89.78	8.4	-13.9
5	Consumer Non-Durables	125.43	138.21		115.54	-9.2	19.6

* Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

7

Table 6. Monthly rate of change of the Turnover Index in Industry: Total Market

								Base year: 2015=100.0
Code		Sections and main groupings		November		October			Rate of change (%)
		2019*		2019*				Nov. 2019/Oct. 2019
		OVERALL INDEX		106.51		113.72			-6.3
		INDUSTRIAL SECTIONS
B	MINING AND QUARRYING	101.76	108.06		-5.8
C	MANUFACTURING	106.57	113.80		-6.3
		MAIN INDUSTRIAL GROUPINGS
1	Energy	94.79	112.13		-15.5
2	Intermediate goods	111.27	117.96		-5.7
3	Capital goods	113.34	109.65		3.4
4	Consumer Durables	129.52	108.94		18.9
5	Consumer Non-Durables	109.69	112.63		-2.6

Table 7. Monthly rate of change of the Turnover Index in Industry: Domestic Market

							Base year: 2015=100.0
Code	Sections and main groupings	November	October		Rate of change (%)
2019*	2019*				Nov. 2019/Oct. 2019
	OVERALL INDEX	105.09		111.13			-5.4
	INDUSTRIAL SECTIONS
B	MINING AND QUARRYING	72.00	76.83		-6.3
C	MANUFACTURING	105.47	111.53		-5.4
	MAIN INDUSTRIAL GROUPINGS
1	Energy	95.67	115.07		-16.9
2	Intermediate goods	111.17	116.20		-4.3
3	Capital goods	118.66	109.02		8.8
4	Consumer Durables	113.84	100.88		12.8
5	Consumer Non-Durables	104.09	106.38		-2.2

Table 8. Monthly rate of change of the Turnover Index in Industry: Non-Domestic Market

								Base year: 2015=100.0
	Code	Sections and main groupings	November	October		Rate of change (%)
	2019*	2019*				Nov. 2019/Oct. 2019
		OVERALL INDEX	109.30		118.82			-8.0
		INDUSTRIAL SECTIONS
	B	MINING AND QUARRYING	140.61	148.83		-5.5
	C	MANUFACTURING	108.75	118.30		-8.1
		MAIN INDUSTRIAL GROUPINGS
1	Energy	93.59	108.12		-13.4
2	Intermediate goods	111.42	120.65		-7.6
3	Capital goods	101.98	111.00		-8.1
4	Consumer Durables	202.55	146.45		38.3
5	Consumer Non-Durables	128.63	133.76		-3.8

* Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

8

Table 9. Monthly rate of change of the Turnover Index in Industry: Eurozone Countries

							Base year: 2015=100.0
Code	Sections and main groupings	November	October		Rate of change (%)
2019*	2019*				Nov. 2019/Oct. 2019
	OVERALL INDEX	131.22		114.73			14.4
	INDUSTRIAL SECTIONS
B	MINING AND QUARRYING	148.18	230.86		-35.8
C	MANUFACTURING	130.88	112.40		16.4
	MAIN INDUSTRIAL GROUPINGS
1	Energy	120.65	59.39		103.2
2	Intermediate goods	130.27	136.29		-4.4
3	Capital goods	126.47	122.32		3.4
4	Consumer Durables	374.46	258.83		44.7
5	Consumer Non-Durables	131.92	122.54		7.7

* Provisional data

Table 10. Monthly rate of change of the Turnover Index in Industry: Non-Eurozone Countries

							Base year: 2015=100.0
Code	Sections and main groupings	November	October		Rate of change (%)
2019*	2019*				Nov. 2019/Oct. 2019
	OVERALL INDEX	97.65		120.99			-19.3
	INDUSTRIAL SECTIONS
B	MINING AND QUARRYING	135.64	94.98		42.8
C	MANUFACTURING	97.04	121.41		-20.1
	MAIN INDUSTRIAL GROUPINGS
1	Energy	85.79	122.15		-29.8
2	Intermediate goods	99.14	110.45		-10.2
3	Capital goods	93.68	107.16		-12.6
4	Consumer Durables	83.83	68.85		21.8
5	Consumer Non-Durables	125.43	144.68		-13.3

* Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

9

Table 11. Evolution of the Turnover Index in Industry (y-o-y changes): Total Market

										Base year: 2015=100.0
Year and month		Overall Index		Turnover Index in Industry		Turnover Index in Industry
	(Total Market)		in Domestic Market		in Non-Domestic Market
			Annual rate				Annual rate					Annual rate
		Index	of change		Index		of change		Index			of change
			(%)				(%)					(%)
2018:	11	115.60	7.6		107.15		4.8		132.24			12.6
	12	110.54	1.1	108.24	3.2	115.08	-2.5
2019*:	1	94.27	-4.7	92.50	0.7	97.75	-13.5
	2	106.51	9.8		99.46		8.1		120.40			12.8
	3	112.38	-5.6	106.50	-7.7	123.95	-2.0
	4	124.45	14.6		116.86		17.2		139.41			10.6
	5	125.37	0.4	119.53	2.2	136.87	-2.6
	6	115.16	-7.6		111.43		-9.1		122.50			-4.9
	7	132.62	4.6	131.83	6.1	134.17	1.9
	8	102.75	-8.2		106.31		-4.1		95.72			-16.1
	9	115.39	-0.6	110.30	-2.0	125.42	1.9
	10	113.72	-7.4		111.13		-1.8		118.82			-16.1
	11	106.51	-7.9	105.09	-1.9	109.30	-17.3

*Provisional data

Table 12. Evolution of the Turnover Index in Industry (y-o-y changes): Non-Domestic Market

															Base year: 2015=100.0
Year and month			Overall Index	Turnover Index in Industry	Turnover Index in Industry
(Non-Domestic Market)	in Eurozone Countries	in Non-Eurozone Countries
						Annual rate				Annual rate				Annual rate
			Index		of change	Index		of change	Index		of change
						(%)				(%)				(%)
2018:		11	132.24			12.6		137.83			25.1		129.26			6.5
	12	115.08		-2.5	118.10	12.0	113.47	-9.0
2019*:	1	97.75		-13.5	118.81	16.5	86.56	-27.2
		2	120.40			12.8		117.24			7.6		122.08			15.7
	3	123.95		-2.0	128.41	-0.8	121.59	-2.6
		4	139.41			10.6		151.15			11.7		133.17			9.9
	5	136.87		-2.6	150.21	26.8	129.77	-14.8
		6	122.50			-4.9		137.41			8.4		114.58			-11.7
	7	134.17		1.9	129.02	-0.7	136.91	3.3
		8	95.72			-16.1		92.44			-4.0		97.46			-21.1
	9	125.42		1.9	121.27	4.7	127.62	0.5
		10	118.82			-16.1		114.73			-13.0		120.99			-17.6
	11	109.30		-17.3	131.22	-4.8	97.65	-24.5

*Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

10

Table 13. Average indices and rates of change (%) of the 12-month periods of Turnover Index in Industry: Total Market

Base year: 2015=100.0

			Average Indices of 12-month periods	Rate of change	Rate of change
Code		D i v i s i o n	Dec. 2018-	Dec. 2017-	Dec. 2016-	(%)		(%)
			2019/2018	2018/2017
			Nov. 2019*	Nov. 2018	Nov. 2017
		OVERALL INDEX	113.30		114.64		104.77		-1.2		9.4
B		MINING AND QUARRYING	106.70		110.64		100.83		-3.6		9.7
05-06-09 Mining of coal and lignite - Extraction of crude petroleum	86.74	103.59	78.40	-16.3	32.1
	and natural gas - Mining support service activities
07	Mining of metal ores	152.10	144.24	110.31	5.4	30.8
08	Other mining and quarrying products	100.59	103.44	105.86	-2.8	-2.3
C		MANUFACTURING	113.39		114.69		104.83		-1.1		9.4
10	Food	103.84	101.72	100.78	2.1	0.9
11	Beverages	116.95	114.77	109.87	1.9	4.5
12	Tobacco products	128.51	111.19	106.75	15.6	4.2
13	Textiles	107.47	107.52	107.89	0.0	-0.3
14	Wearing apparel	94.40	97.65	98.26	-3.3	-0.6
15	Leather and related products	89.18	94.13	101.81	-5.3	-7.5
16	Wood and products of wood and cork, except furniture	104.04	104.34	102.38	-0.3	1.9
17	Paper and paper products	114.14	112.52	105.27	1.4	6.9
18	Printing and reproduction of recorded products	96.96	96.41	94.73	0.6	1.8
19	Coke and refined petroleum products	117.94	130.42	107.11	-9.6	21.8
20	Chemicals and chemical products	115.69	110.89	104.82	4.3	5.8
21	Basic pharmaceutical products and pharmaceutical	140.26	116.17	102.61	20.7	13.2
	preparations
22	Rubber and plastic products	106.30	103.18	101.34	3.0	1.8
23	Other non-metallic mineral products	110.36	107.40	107.35	2.8	0.0
24	Basic metals	128.21	136.23	122.52	-5.9	11.2
25	Fabricated metal products, except machinery and	102.57	99.95	96.37	2.6	3.7
	equipment
26	Computers, electronic and optical products	154.87	128.74	104.27	20.3	23.5
27	Electrical equipment	128.64	112.08	109.08	14.8	2.7
28	Machinery and equipment n.e.c.	107.44	106.78	100.73	0.6	6.0
29	Motor vehicles, trailers and semi-trailers	110.18	90.61	90.80	21.6	-0.2
30	Other transport equipment	63.73	71.02	68.81	-10.3	3.2
31	Furniture	114.11	115.87	104.01	-1.5	11.4
32	Other manufacturing	104.51	100.12	99.45	4.4	0.7
33	Repair and installation of machinery and equipment	94.19	92.40	86.94	1.9	6.3
		MAIN INDUSTRIAL GROUPINGS
1	Energy	117.78	130.25	106.87	-9.6	21.9
2	Intermediate goods	115.09	114.14	108.43	0.8	5.3
3	Capital goods	104.80	99.42	92.91	5.4	7.0
4	Consumer Durables	107.15	108.68	100.32	-1.4	8.3
5	Consumer Non-Durables		105.46	102.67		2.7
110.17	4.5
	*Provisional data

Note: The indices and the percentage changes are rounded up to two and one decimal digits, respectively, when published.

11

		METHODOLOGICAL NOTES
Generally		The Industrial Turnover Index is an indicator of an enterprise's business cycle showing the monthly
		evolution of the market of goods and services in industry. The first compilation of the Turnover Index
		was completed by the Hellenic Statistical Authority in 2006, with base year 2000=100.0 and is compiled
		from 2000 and onwards.
Purpose of the index		The purpose of this index is to measure the monthly activity of the industrial sector in terms of value.
		Turnover comprises the totals invoiced by the observation units during the reference period and
		corresponds to the market sales of goods or services supplied to third parties. The purposes and the
		characteristics of the Turnover Index apply, as well, to the indices for the distinction between domestic
		and non-domestic turnover.
Legal Framework		The compilation and publication of the Turnover Index is based on the framework implementation of
		Council Regulation (EC) No 1165/98 concerning short-term statistics (STS-R), as well as Regulation (EC)
		No 1158/05 of the European Parliament and Council amending Council Regulation (EC) No 1165/98.
		Furthermore, this index is governed by Regulation (EC) No 1893/2006 of the European Parliament and of
		the Council, by Commission Regulation (EC) No 656/2007 and by Regulation (EC) No 451/2008 of the
		Council.
Reference period		Month.
Base year	2015=100.0.
Revision		The latest revision of the Turnover Index in Industry (base year 2015=100.0) took place in the framework
		of Council Regulation (EC) No 1165/98 concerning short-term statistics. In accordance with this
		regulation the index is revised every five years, in years ending in 0 or 5.
Statistical classifications		At the level of classes of economic activities, the statistical classification of economic activities NACE Rev.
		2 of EU was used (Regulation No 1893/2006), while at the level of main industrial groups, the allocation
		of two-digit and three-digit NACE Rev. 2 headings to categories of aggregate classification was used, in
		accordance with Commission Regulation No 656/2007.
Geographical coverage		The index covers the whole Country.
Coverage of economic		The Turnover Index in Industry is compiled for all activities listed in Sections B (mining and quarrying) and
activities		C (manufacturing) of the NACE Rev. 2 statistical classification.
Computation of the Index		The Turnover Index in Industry is a fixed base index. This index is calculated at a first stage at the four-
		digit level of economic activity and subsequently, with the implementation of appropriate weighting
		coefficients, the index is calculated at higher levels (three-level and two-level of economic activity) as
		well as at the level of Main Industrial Groupings (MIGs).
Publication of data		The Turnover Index in Industry (2015=100.0) is released since August 2019 with June 2019 as first
		reference month. Data with base year 2015=100.0 are available from January 2000 onwards.
References		More information about the methodology concerning the compilation and calculation of the index and
		for the time series is available on the website of the Hellenic Statistical Authority (ELSTAT)
		(http://www.statistics.gr/en/statistics/-/publication/DKT24/-).

12