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Based on the available seasonally corrected data he Gross home Product (GDP) in volume terms, in the second quarter of 2020 it decreased by 14.0%, compared to the first quarter of 2020, while in comparison in the second quarter of 2019 showed a decrease by 15.2%.
Based on non-seasonally adjusted data, the Gross Domestic Product in volume terms, during the second quarter of 2020 Present 15.3% decrease compared to the second quarter of 2019.
According to the clarifications given by Greek Statistics Beginning Its data for the second quarter of 2020 reflect the impact on GDP of the COVID-19 pandemic and the restrictive measures that went into effect and all the best available data sources were used to produce the interim estimates.
It is clarified that the data of Secondly Semester will be reviewed when the data for the third quarter of 2020 is presented
Of the individual elements that make up the GDP It seems that in the second quarter of 2020 relative to the second quarter of 2019 the next changes:
-The total final consumer spending showed a decrease of 10.1% compared to the second quarter of 2019.
-The stupid investments fixed capital decreased 10.3% compared to the second quarter of 2019.
-The exports goods and services decreased by 32.1% compared to the second quarter of 2019. Exports of goods decreased by 15.4%, while exports of services decreased by 49.4%.
-The imports Goods and services presented decreased 17.2% compared to the second quarter of 2019. Imports of goods decreased 15.3% and imports of services decreased 25.7%.
In comparison with the First Semester the following changes occurred in 2020:
-HE general ending consumer spending fell 9.3%.
Gross fixed capital formation decreased by 2%.
Exports of goods and services presented decrease by 32.1%. Exports of goods decreased 12.3%, while exports of services decreased 48.3%.
– Imports of goods and services presented decrease by 16.7%. Imports of goods decreased by 14.7%, while imports of services diminished by 24.8%.
the latest data it may lead to a revision of the government’s forecast which for the whole year foresees an 8% recession.
