Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates

EconomyMacroeconomy Tags: ELSTAT, GDP
Photo by MacroPolis
Photo by MacroPolis

The Greek seasonally adjusted (SA) GDP at constant prices contracted 0.5 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal increase by 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) provisional estimates showed on Monday.

In contrast, general government consumption grew 1.5 percent QoQ in Q1 (from +0.2 percent in Q4), while fell by 1.5 percent YoY.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.

€500.00