The Greek economy grew by 2.7% in the second quarter of 2023 compared with the same period last year, and by 1.3% in comparison with the first quarter of 2023, Hellenic Statistical Authority said on Wednesday.
The statistics service said that the Greek GDP grew 2.0% in the first quarter of 2023 and reminded that the country’s GDP grew 7.1% in the second quarter of 2022 (annually) and rose 0.5% on a quarterly basis.
Final consumption spending grew 2% in the second quarter (households up 3.2%, general government down 1.4%), private investments (gross fixed capital investments) rose 7.9%, exports of goods and services rose 0.1% (exports of goods fell 1.8%, while exports of services rose 1.3%). Imports of goods and services rose 0.6% (goods fell 1.2% and services rose 6.1%).
On a quarterly basis, final consumption spending rose 0.2% (households up 0.9% and general government down 1.8%), private investments rose 0.3%, exports fell 1.2% and imports rose 1%.