Food production in Greece drops for fifth year in a row

Food production in Greece is contracting in 2013 for a fifth year in succession, having slumped 11 percent in the first seven months compared to the same period in 2005 despite a number of food products registering exports growth, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.

The data showed that in the first seven months of 2013 production volume dropped by 3 percent year-on-year.