Industrial production rises by 4.2 pct in April thanks to growth in electricity supply
CPI growth stable at 2.8 pct in May, food inflation gathers pace at 11.6 pct
OECD ups growth outlook for 2023, warns about headwinds affecting demand and consumption
Trade deficit narrows in April, though exports drop by 4.3 pct
Annual GDP growth slows in Q1, contracts by 0.1 pct QoQ
Unemployment stays at 11.2 pct in Apr, youth jobless down by 5 points at 27.4 pct
Q2 GDP contraction at 0.3 pct, strong Q3 needed to achieve target of annual growth
Greek non-seasonally-adjusted GDP contracted 0.3 percent year on year (YoY) in the second quarter (Q2) of 2014 from -1.1 percent in Q1, according to the provisional data published by the Hellenic Statistical Authority (ELSTAT) today.
The headline figure is 0.1 percentage points worse than the flash estimate of -0.2 percent released on August 13. The quarterly figures also indicate that the recession reached 0.7 percent in the first half (H1) of the year.
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