Greek Q4 GDP QoQ drop revised to 0.4 pct, 2014 growth at 0.7 pct

EconomyMacroeconomy Tags: ELSTAT, GDP

The Greek seasonally adjusted (SA) GDP figures at constant prices fell by 0.4 percent quarter on quarter (QoQ) in Q4 after an increase by up to 0.7 percent in the preceding three quarters, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.

Following the data revision, the growth of SA GDP year on year (YoY) slightly decelerated to 1.3 percent in Q4 from 1.5 percent in Q3. According to the flash estimates, Q4 GDP had grown by 1.7 percent.

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