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GreeceBusinessGreek economy grew 2.7% in Q2

Greek economy grew 2.7% in Q2

Hellenic News of America
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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%.

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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