Greece’s economy expanded 0.6% in the third quarter from the second, reflecting a rebound in investment and strong consumption, according to provisional data released by the country’s statistics agency on Friday.
Second-quarter growth was downwardly revised to 0.4%.
Final consumption expenditure was up 0.6% in the third quarter, with household and government consumption up 1.2% and 2.3% respectively, according to the seasonally-adjusted data.
Investment strengthened as gross fixed-capital formation, which measures investment in long-term assets such as buildings and infrastructure, jumped 3.5%.
External demand improved slightly during the quarter, as the exports of goods and services, which include revenues from tourism – a key income source for the Mediterranean country – rose 0.2%.
Imports fell 1.6%, with goods imports down 2.3% and services imports up 1.0%.