Greek GDP shrinks by 1.4% in first 3 months of 2016

ELSTAT May forecasts were 1.3%

According to seasonally adjusted data released by the Hellenic Statistical Authority (ELSTAT), Greek GDP shrunk by 1.4% in the first 3-monthly period of 2016, compared the respective period in 2015. ELSTAT said the fall of the Greek GDP is marginally off its May projections by 0.1%.