Greek GDP Still Showing Awful Declines

The theme of today is bad GDP reports.

Greece meanwhile continues to be mired in horrible numbers.

From the Hellenic Statistical Authority:

Available non-seasonally-adjusted data indicate that, in the 4th quarter of 2012, the Gross Domestic Product (GDP) at constant prices of year 2005 decreased by 6.0% in comparison with the 4th quarter of 2011.

Here’s a chart that tells it all.

image

Photo: Greek GDP

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