Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014

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Revised data shows economy shrank by higher rate of 21.4 pct from 2010 to 2014

Economy 14/10/2015 - 09:57

The Hellenic Statistical Authority (ELSTAT) published on Tuesday its second estimate of Greece’s 2014 annual national accounts, while also revising 2010-2013 GDP figures downwards compared to those released last March.

According to ELSTAT, the key reasons for the revision relate to updated household consumption expenditure for 2010-2013 and new estimates for 2014, incorporation of analytical results from the 2011 population census, updated external trade data as well ...

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