GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports

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GDP growth slows to 0.2 pct QoQ in Q2 due to lower investment, higher imports

EconomyMacroeconomy 03/09/2018 - 13:51 Tags: GDP, MoF

Greece’s seasonally adjusted (SA) GDP grew by 0.2 percent quarter-on-quarter (QoQ) in the second quarter (Q2) of 2018, after an upwardly revised increase of 0.9 percent in the previous quarter, the Hellenic Statistical Authority (ELSTAT) provisional estimates revealed on Monday.

The headline figure for Q2 marks six consecutive quarters of positive growth for Greece. The Greek economy grew by 1.8 percent year-on-year (YoY) after upwards revised growth of 2.5 percent in Q1.

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