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Athens News Agency: News in English, 10-11-14

Athens News Agency: News in English Directory - Previous Article - Next Article

From: The Athens News Agency at <http://www.ana.gr/>

CONTENTS

  • [01] GDP down 4.5pct in Q3

  • [01] GDP down 4.5pct in Q3

    ANA-MPA -- Greece's GDP decreased by 4.5 percent in the third quarter (Q3) of 2010, according to flash estimates of quarterly national accounts released by the independent Hellenic Statistical Authority (ELSTAT), with the Greek economy continuing to move at high negative growth rates.

    According to ELSTAT, available data indicate that in the 3rd quarter of 2010, the Gross Domestic Product GDP) decreased by 4.5% in comparison with the 3rd quarter of 2009 and by 1.1% in comparison with the 2nd quarter of 2010. (ANA-MPA/klp-paste)

    As already reported, the GDP rate of change between the quarters of 2009 and 2010 should be treated with caution, due to the discontinuity of General Government data series. This issue will be addressed by the end of the year, with the backwards revision of General Government data, an ELSTAT release said.

    More details on the subscriber's page of APE-MPE | Subscription request form


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