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    29.02.2016 11:22 Greek revised GDP rises 0.1% in the fourth quarter

    The Hellenic Statistical Authority released its revised gross domestic product (GDP) data for Greece on Monday. The Greek GDP increased 0.1% in the fourth quarter, up from the preliminary reading of a 0.6% fall, after a 1.2% drop in the third quarter.

     

    On a yearly basis, the Greek revised GDP fall at a seasonally-and-calendar adjusted 0.8% rate in the fourth quarter, down from the preliminary reading of a 1.9% drop, after a 1.7% decline in the third quarter.

     

    On a yearly unadjusted basis, Greek final GDP slid 0.7% rate in the fourth quarter, down from the preliminary reading of a 2.0% decrease, after a 1.7% decrease in the third quarter.

     

    Total consumption expenditure dropped 0.1% year-on-year in the fourth quarter.

     

    Exports slid 8.8% year-on-year in the fourth quarter, while imports declined 12.5%.


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