Euro area GDP grew faster than previously estimated
On a quarterly basis, euro area gross domestic product grew at a higher rate than in the preliminary estimate and in the previous quarter, according to a report by Eurostat, the statistical office of the European Union announced on Wednesday.
Economic growth in the euro area comes as a surprise
In the first quarter, seasonally adjusted gross domestic product (GDP) grew by 0.6 percent in the euro area and by 0.7 percent in the European Union, compared with the previous quarter.
In the fourth quarter of last year, quarterly euro area and EU GDP growth was 0.2 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 >
More related news >
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 >
