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 Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >Eurozone retail sales growth slows in March
Retail sales growth slowed in March in both the eurozone…
Read more >Sentix: Eurozone investor confidence index improved significantly in May
The Sentix eurozone investor confidence index for May improved more…
Read more >Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >