Greek GDP drops by less than expected 0.2 pct in Q2, signalling recession exit near

EconomyMacroeconomy Tags: ELSTAT, GDP

The Greek economy recorded the 24th consecutive period of decline in Q2 of 2014 as Gross Domestic Product measured in constant prices declined by 0.2 percent year on year, which was better than the estimates for a -0.4 percent drop.

The first quarter was revised downwards to -1.1 percent from -0.9 percent previously.

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