• Greek revised GDP falls at a seasonally-and-calendar adjusted 0.9% in the third quarter

Market news

27 November 2015

Greek revised GDP falls at a seasonally-and-calendar adjusted 0.9% in the third quarter

The Hellenic Statistical Authority released its revised gross domestic product (GDP) data for Greece on Friday. The Greek revised GDP fall at a seasonally-and-calendar adjusted 0.9% rate in the third quarter, down from the preliminary reading of a 0.5% decline, after a 0.3% growth in the second quarter.

The second quarter's figure was revised down to a 0.4% rise.

On a yearly unadjusted basis, Greek final GDP slid 0.9% rate in the third quarter, down from the preliminary reading of a 0.1% decrease, after a 1.3% increase in the second quarter.

Total consumption expenditure dropped 1.0% year-on-year in the third quarter.

Exports dropped 7.1% in the third quarter, while imports declined 16.9%.

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