ELSTAT confirms a 0.2% rate of recession in Q1 2015

The Greek statistics authority ELSTAT has published its provisional figures regarding the gross domestic product in the first…

The Greek statistics authority ELSTAT has published its provisional divs regarding the gross domestic product in the first quarter of 2015 and found that the GDP decreased by 0.2% compared with the fourth quarter of 2014 against the decrease of 0.2% that was calculated for the flash estimate of the first quarter.

ELSTAT’s divs also show that in comparison with the first quarter of 2014, the GDP increased by 0.4% against the increase of 0.3% that was calculated for the flash estimate of the 1st quarter, and which was announced on May 13, 2015.

Available non-seasonally adjusted data indicate that in the first quarter of 2015, in volume terms, the GDP increased by 0.2% compared to the same quarter in 2014, against the 0.1% increase that was calculated for the flash estimate of the 1st quarter.

ELSTAT’s full divs are available online.

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