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GDP records first quarterly drop in Q3 since pandemic, 9M GDP up by 5.9 pct YoY
Greece’s seasonally adjusted (SA) GDP dropped by 0.5 percent quarter-on-quarter (QoQ) in the third quarter (Q3), from a downwards revised 0.6 percent in Q2, provisional data from the Hellenic Statistical Authority (ELSTAT) revealed on Wednesday.
On an annual basis, Q3 GDP slowed down to 2.8 percent, from 7.1 percent year-on-year (YoY) growth in Q2.
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