Greek GDP declines 0.4% in the first quarter

Market news

13 May 2016

Greek GDP declines 0.4% in the first quarter

The Hellenic Statistical Authority released its preliminary gross domestic product (GDP) data for Greece on Friday. The Greek preliminary GDP declined 0.4% in the first quarter, after a 0.1% rise in the fourth quarter.

On a yearly basis, Greek preliminary GDP fell 1.3% in the first quarter, after a revised 0.8% decrease in the fourth quarter.

U.S.: PPI, m/m, April 0.2% (forecast 0.3%)

Foreign exchange market. European session: the euro traded mixed against the U.S. dollar on the GDP data from the Eurozone

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.