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EconomyMacroeconomy
BoG reveals medium-term economic forecasts, sees growth of 2.5 pct next year The Bank of Greece (BoG) disclosed for the first time in its monetary policy report published on Wednesday its detailed medium-term (until 2018) macroeconomic forecasts.
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EconomyMacroeconomy
Q1 GDP contracts 0.5 pct QoQ and 1.4 pct YoY, slightly worse than flash estimates 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.
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EconomyMacroeconomy
Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates The Greek seasonally adjusted (SA) GDP at constant prices contracted by 0.4 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal rise of 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday.
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Economy![Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]](resources/toolip/img-thumb/2014/08/11/imf_439_1108-medium.jpg "Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/]")
IMF sees contraction of 0.6 pct this year before strong rebound in 2017 The International Monetary Fund has provided its latest macro forecasts for Greece in the World Economic Outlook (WEO) published on Tuesday.
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EconomyMacroeconomy
Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct Greece’s seasonally adjusted (SA) GDP at constant prices surprised in the fourth quarter (Q4) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6 percent contraction announced on February 12, Hellenic Statistical Authority (ELSTAT) provisional data showed on Monday.
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EconomyMacroeconomy
Q4 GDP contracts 0.6 pct QoQ, recession of 0.7 pct in 2015 The Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.6 percent in the fourth quarter (Q4) of 2015 at a decelerating pace compared to the downward revised 1.4 percent drop in Q3, the Hellenic Statistical Authority (ELSTAT) flash estimates showed on Friday.
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EconomyMacroeconomy
Q3 GDP slips 0.9 pct QoQ on lower private consumption and investment Greece's seasonally adjusted (SA) GDP at constant prices fell by 0.9 percent quarter on quarter (QoQ) in Q3 2015, at a faster pace compared to the flash estimate of -0.5 percent released two weeks ago, according to Friday's Hellenic Statistical Authority (ELSTAT) provisional data.
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EconomyMacroeconomy
Greek economy surprises in Q3, eases by a marginal 0.5 pct The Greek seasonally adjusted (SA) GDP at constant prices fell quarter on quarter (QoQ) by 0.5 percent in Q3 2015 following a downward revised 0.4 percent growth posted in Q2, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday.
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Economy IMF aligns Greek projections with EU, revises down GDP In its latest World Economic Outlook (WEO) published on Tuesday, the IMF presented its updated macro forecasts on Greece, which are based on data available on August 12.
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EconomyMacroeconomy
Q2 GDP rebounds by 0.9 pct QoQ on higher consumption and falling imports Greek seasonally adjusted (SA) GDP at constant prices rose quarter on quarter (QoQ) by 0.9 percent in Q2 2015 following an upward revised 0.1 percent growth recorded in Q1, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) on Friday.