Euro area GDP grew at the same rate as in the second quarter
Eurostat estimates that gross domestic product (GDP) in the euro area grew by 2.2 percent in the third quarter from a quarter earlier. Growth was 2.2 percent on a quarterly basis in the second quarter, after declining 0.2 percent in the first quarter.
Growth in household consumption accelerated to 4.1 percent in the third quarter from 3.9 percent in the second quarter in the euro area, while growth in government expenditure slowed to 0.3 percent from 2.1 percent. (MTI)
Related news
Péter Benő Banai: next year, the Hungarian economy may grow above 3 percent
Next year, the Hungarian economy, relying on the policy of…
Read more >Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >The destruction of wildlife can have serious economic consequences
The need to protect the living world is extremely important,…
Read more >Related news
Why are parcel locker providers getting stuck? This data points to the reasons
Parcel terminals are becoming increasingly popular: this year, nearly three-quarters…
Read more >Sustainability and health: the rise of plant-based dairy products in Hungary
In recent years, plant-based dairy alternatives have gained significant popularity…
Read more >Milk and dairy products are becoming more expensive: what is behind the price increase?
The price of milk and dairy products has increased significantly…
Read more >