RSS   Newsletter   Contact   Advertise with us
Post Online Media
Post Online Media Magazine

GDP up 0.6% in euro area

Share on Twitter Share on LinkedIn
Staff Writer | September 8, 2017
Seasonally adjusted GDP EU
Europe   GDP and main aggregates

Seasonally adjusted GDP rose by 0.6% in the euro area (EA19) and by 0.7% in the EU28 during the second quarter of 2017, compared with the previous quarter, according to Eurostat.

In the first quarter of 2017, GDP grew by 0.5% in both areas.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 2.3% in the euro area and by 2.4% in the EU28 in the second quarter of 2017, after +2.0% and +2.1% respectively in the previous quarter.

During the second quarter of 2017, GDP in the United States increased by 0.8% compared with the previous quarter (after +0.3% in the first quarter of 2017).

Compared with the same quarter of the previous year, GDP grew by 2.2% (after +2.0% in the previous quarter).

Among Member States for which data are available for the second quarter of 2017, the Czech Republic (+2.5%), Sweden (+1.7%), Romania (+1.6%) and the Netherlands (+1.5%) recorded the highest growth compared with the previous quarter, while Portugal and the United Kingdom (both +0.3%) recorded the lowest.

POST Online Media Contact