GDP growth slowed in the euro area
The growth rate of gross domestic product (GDP) decreased in the euro area, while in the EU did not change in in the third quarter, compared with the previous three months.
Eurostat, the statistical office of the EU, in its first estimate on Friday announced that in the 28 member states of the European Union the GDP expanded by 0.4 percent similar to the second quarter, while in the euro zone, the rate of growth slowed down to 0.3 percent. (MTI)
Related news
GKI: The need for competitiveness reforms in the EU and Hungary’s role in the changes
The European Union faces significant competitive challenges, needing reforms as…
Read more >
Hungarian agricultural exports increased dynamically in the first half of the year
The measures taken to renew the Hungarian agriculture and food…
Read more >
Eurozone inflation accelerated to 2 percent in October
On an annual level, the increase in consumer prices in…
Read more >Related news
Amazon uses AI to scan products for defects before delivery
Amazon uses AI to detect faulty products before they are…
Read more >
Consumers are skeptical about the sustainability of companies
Since 2022, the maturity of companies in the field of…
Read more >
Internal trade slowed down massively
This morning, the Central Statistical Office published retail sales data…
Read more >
