In the fourth quarter, the GDP of the Eurozone rose against expectations
In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union.
In the third quarter of 2022, GDP had grown by 0.3% in both the euro area and in the EU. According to a first estimation of annual growth for 2022, based on seasonally and calendar adjusted quarterly data, GDP increased by 3.5% in the euro area and by 3.6% in the EU. These preliminary GDP flash estimates are based on data sources that are incomplete and subject to further revisions.
Among the Member States for which data are available for the fourth quarter of 2022, Ireland (+3.5%) recorded the highest increase compared to the previous quarter, followed by Latvia (+0.3%), Spain and Portugal (both +0.2%). The highest declines were recorded in Lithuania (-1.7%) as well as in Austria (-0.7%) and Sweden (-0.6%). The year-on-year growth rates were positive for all countries except for Sweden (-0.6%) and Lithuania (-0.4%).
Related news
Business sentiment improved slightly in September in the euro area and the EU
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >US Still Top Supplier Of Tree Nuts To EU
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >EU green policy: food security risk increases due to decline in livestock
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
(HU) Továbbra is száguldanak az élelmiszeripari árak
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Another wave of food price increases could come due to EPR fees
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >KSH: in August, the foreign trade surplus for goods was 557 million euros, while imports were 4.1 percent lower than in the same period of the previous year
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >