Greece's economy expanded in the second quarter at a slightly slower pace than estimated earlier, latest figures from the Hellenic Statistical Authority showed Monday.
Gross domestic product grew a seasonally adjusted 0.2 percent sequentially, which was slightly slower than the 0.3 percent estimated earlier. In the first quarter, the economy contracted 0.2 percent.
On a year-on-year basis, GDP decreased a seasonally adjusted 0.9 percent in the second quarter, which was worse than the 0.7 percent fall initially estimated. In the first quarter, the economy shrunk 1 percent.
On a non-seasonally adjusted basis, GDP fell 0.4 percent annually, which was a severe decline than the 0.1 percent drop estimated earlier. In the first quarter, GDP declined 0.9 percent.
GDP has now declined for consecutive four quarters annually.
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