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Industrial turnover up by just 0.3 pct YoY in Oct as manufacturing growth, domestic market slow
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Budget continues to outperform in Nov as taxes beat target by 334 mln
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Government’s growth ambitions meet RRF reality
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Disposable income rises in Q2, saving rate stays negative at -3 pct
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Wages index growth slows to 7.4 pct YoY in Q3
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Import prices contract again in Oct with 2.4 pct drop
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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