ELSTAT revises nominal 2015 GDP contraction to 1.3 pct

EconomyMacroeconomy Tags: ELSTAT, GDP

In its second estimate of the annual national accounts for 2015, the Hellenic Statistical Authority (ELSTAT) revised downward the drop in nominal GDP to 1.3 percent from the 0.9 percent initially announced on March 4.

The revision largely reflects the incorporation of the 2015 household budget survey, short-term indices for the water transport industry and external trade data for ships’ imports, ELSTAT said.

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