EU-27 GDP falls 0.3 percent in Q4 from Q3

Tuesday, 06 March 2012 14:50:48 (GMT+3)   |  
       

According to the second estimates released by Eurostat, the statistical office of the European Union, during the fourth quarter of 2011 gross domestic product (GDP) decreased by 0.3 percent both in the euro area and in the EU-27, compared to the previous quarter. In the third quarter of 2011, quarter-on-quarter growth rates were 0.1 percent in the euro area and 0.3 percent in the EU-27.

Compared with the same quarter of 2010, in the fourth quarter of 2011 seasonally adjusted GDP increased by 0.7 percent in the euro area and by 0.9 percent in the EU-27, after year-on-year increases of 1.3 percent and 1.4 percent respectively in the previous quarter.


Similar articles

Eurostat euro area annual inflation expectation stable in June

31 Jul | Steel News

OECD employment rate at 64.9 percent in Q1

13 Jul | Steel News

EU annual inflation at 2.6 percent in May

14 Jun | Steel News

EU-27 GDP stable in Q1 compared to Q4 2011

06 Jun | Steel News

Eurozone PMI falls to near three-year low in May

04 Jun | Steel News

EU-27 unemployment rate at 10.3 percent in April

01 Jun | Steel News

Eurostat expects 2.4 percent euro area annual inflation in May

31 May | Steel News

OECD inflation slows to 2.5 percent in April

29 May | Steel News

EU annual inflation at 2.7 percent in April

16 May | Steel News

GDP stable in first quarter in EU-27

15 May | Steel News