Euro area GDP up 0.4 percent in Q2 from Q1

Wednesday, 15 August 2018 12:24:28 (GMT+3)   |   Istanbul
       

According to the flash estimates released by Eurostat, the statistical office of the European Union, during the second quarter of this year gross domestic product (GDP) increased by 0.4 percent both in the euro area and in the EU-28 compared to the previous quarter. In the first quarter of this year, GDP had increased by 0.4 percent in the euro area and in the EU-28, on quarter-on-quarter basis.

Compared with the same quarter of 2017, in the second quarter this year seasonally adjusted GDP increased by 2.2 percent both in the euro area and in the EU-28, after respectively increasing by 2.5 percent and 2.4 percent year on year in the previous quarter.

Meanwhile, in the second quarter this year GDP in the United States increased by one percent quarter on quarter and rose by 2.8 percent year on year.


Most Recent Related Articles

German iron ore import prices down 2.8 percent in April from March

Fitch expects world GDP to fall by 4.6 percent in 2020

Turkey informs WTO of possible additional duties on EU steel products

EUROFER calls for support for steel industry

US DOC starts circumvention inquiry on stainless steel sheet and strip imports