Euro area and EU GDP declined in the first quarter
In its second estimate, Eurostat also provided data in line with the first estimate. The euro area gross domestic product declined by 1.8 percent on an annual basis in the first three months of this year and down 0.6 percent from the previous quarter.
In the European Union, gross domestic product fell 0.4 percent in the first quarter of this year on a quarterly basis and 1.7 percent on an annual basis. (MTI)
Related news
NAK announces its large-company-startup program again
The government aims to further strengthen the momentum and competitiveness…
Read more >Ministry of Health: new measures to strengthen domestic spas – the burden on the sector will be significantly reduced
The government aims to further strengthen the momentum and competitiveness…
Read more >There are more questions than answers: what do Eurostat’s latest consumption data about Hungary actually reveal?
Eurostat’s 2024 consumption and economic statistics have been released, and…
Read more >Related news
Are we on the verge of an egg crisis?
Both the American and European markets are experiencing price increases…
Read more >Withdrawing cash abroad can be expensive
The fee for a 90,000-forint foreign cash withdrawal can reach…
Read more >Radnóti secondary school students learn about plant-based nutrition
NÉGYOSZ launched the Smart Protein programme last November and by…
Read more >