Investments in EU-27 decline by 1.39 percent in Q4 2009

Friday, 05 March 2010 15:59:45 (GMT+3)   |  

Investments in the European Union member states (EU-27) in the last quarter of 2009 dropped by 1.39 percent quarter on quarter, according to a report released by Eurostat, the Statistical Office of the European Communities. In the third quarter of 2009, the investments had declined by 0.7 percent compared to the previous quarter.

Meanwhile, during the given period, exports in the EU-27 rose by 1.9 percent and imports surged by 1.4 percent, both compared to Q3 2009.

While Eurostat has not revised its EU-27 GDP estimations for the fourth quarter of 2009, which were for a slight increase of 0.1 percent on quarter-on-quarter basis, it has announced that over the whole of 2009 GDP in the EU-27 decreased by 4.3 percent compared to 2008.


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