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Energy drives import price drop of 3.2 pct YoY in Feb
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Industrial production growth slows to 1.8 pct YoY in Feb, led by manufacturing
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Unemployment edges up to 8.5 pct in Feb
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PMI stable in March as war starts affecting business and confidence
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Strong rise in food sales pushes 7 pct YoY increase in Jan retail
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Economic sentiment declines in March, consumer confidence at lowest since 2022
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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