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Trade deficit growth slows to 4 pct YoY in July driven by oil and non-EU markets
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Q2 GDP moderates further to 1.7 pct YoY as households spending slows
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Jobs in education lead negative hiring balance of 20,728 in July
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Seasonal factors take unemployment rate to 8.6 pct in Q2 - lowest since 2008
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ELSTAT resumes monthly unemployment updates after review, rate at 8 pct in July
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PMI improves significantly in Aug, despite exports orders falling for four straight months
Surprise 0.1 pct QoQ rise in Q4 GDP on investment rebound, 2015 recession at 0.3 pct
Greece’s seasonally adjusted (SA) GDP at constant prices surprised in the fourth quarter (Q4) of 2015 as it edged up by 0.1 percent quarter on quarter (QoQ) compared to a flash estimate of 0.6 percent contraction announced on February 12, Hellenic Statistical Authority (ELSTAT) provisional data showed on Monday.
The real GDP contraction in 2015 is higher than the government and European Commission (EC) forecast for zero growth but in line with Bank of Greece (BoG) estimate.
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