Q1 GDP contracts 0.4 pct QoQ and 1.3 pct YoY, broadly in line with estimates

EconomyMacroeconomy Tags: ELSTAT, GDP

The Greek seasonally adjusted (SA) GDP at constant prices contracted by 0.4 percent quarter on quarter (QoQ) in the first quarter (Q1) of 2016 after a short-lived marginal rise of 0.1 percent in Q4 2015, the Hellenic Statistical Authority (ELSTAT) flash estimates displayed on Friday.

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