Euro Area GDP up by 0.4%


GDP increased by 0.4% in both the euro area (EA16) and the EU27 during the third quarter of 2010, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union.

In the second quarter of 2010, growth rates were +1.0% in both zones.

Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.9% in the euro area and by 2.1% in the EU27 in the third quarter of 2010, after +1.9% and +2.0% respectively in the previous quarter.


TradingEconomics.com, Eurostat
11/12/2010 10:21:07 AM