Industrial turnover rises by 11.4 pct in May, staying positive for fifth consecutive month
June primary cash surplus at 6.49 bln as revenue increase offsets higher expenditure
Travel balance records 127 mln surplus in Q1, much improved on last year
Budget primary surplus at 617 mln in June as expenditure continues to fall below target
Building permits up by 1 pct in April and 5.2 pct in first four months of the year
Unemployment rate edges up to 20.2 pct in April as number of employed dips
Q4 GDP contracts 1.2 pct QoQ, leading to recession of 0.1 pct for 2016
Greece’s seasonally adjusted (SA) GDP dropped by 1.2 percent quarter on quarter (QoQ) in the fourth quarter (Q4) of 2016, after downward revised growth of 0.6 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday.
The headline figure is worse than the 0.4 percent contraction posted in the flash estimates released on February 14. It is also the first negative reading since Q1 2016, when GDP contracted by 0.6 percent QoQ, before it started to rebound in the next tw...
If you are already registered, please sign in.
Read some of our analysis for no charge
By signing up to MacroPolis, readers will be able to read four of our articles without charge each month. They will not have access to our data or weekly e-newsletter.
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.€450.00
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.