Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise

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Quarterly GDP growth slows to 1.2 pct in Q2 as investments shrink and imports rise

EconomyMacroeconomy 07/09/2022 - 13:16 Tags: ELSTAT, GDP

Greece’s seasonally adjusted (SA) GDP increased by 1.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2), from an upwards revised 2.9 percent in Q1, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.

On an annual basis, Q2 GDP marginally slowed down to 7.7 percent growth, from an upwards revised 8 percent year-on-year (YoY) in Q1.

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