The Greek statistics authority ELSTAT has published its latest provisional data on the gross domestic product (GDP) for the second quarter of 2015.
The data indicates that in the second quarter of 2015 the GDP, in volume terms, increased by 0.9% compared with the first quarter against the increase of 0.8% that was calculated for the flash estimate of the second quarter, and was announced on August 13, 2015. In comparison with the second quarter of 2014, it increased by 1.6% against the increase of 1.4% that was calculated for the flash estimate of the 2nd quarter, and was announced on August 13, 2015.
Furthermore the available non-seasonally adjusted data indicates that in the 2nd quarter of 2015 the GDP, in volume terms, increased by 1.7% compared to the second quarter of 2014, against the increase of 1.5% that was calculated for the flash estimate of the second quarter, and was announced on August 13, 2015.
The differences are on account of using new data that was not available at the time of the flash estimate. This data is either monthly data (for example June data of Balance of Payments) or quarterly data (for example turnover indices for the service industries, and labor force survey data).
ELSTAT’s detailed divs are available online.
