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