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Caspian Energy Journal Caspian European Club
Monday, 18 February 2019 11:00

GDP up by 0.2% in the EU28

GDP up by 0.2% in the EU28

Seasonally adjusted GDP rose by 0.2% in both the euro area (EA19) and the EU28 during the fourth quarter of 2018, compared with the previous quarter, Caspian Energy News (www.caspianenergy.net) reports with reference to a flash estimate published by Eurostat, the statistical office of the European Union.

In the third quarter of 2018, GDP had grown by 0.2% in the euro area and by 0.3% in the EU28.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.2% in the euro area and by 1.4% in the EU28 in the fourth quarter of 2018, after +1.6% and +1.8% respectively in the third quarter.

Over the whole year 2018, GDP rose by 1.8% in the euro area and by 1.9% in the EU28, based on seasonally and calendar adjusted quarterly data. The annual growth rate for 2017 was +2.4% for both the euro area and the EU28.

More details: https://ec.europa.eu/eurostat/documents/2995521/9573370/2-14022019-AP-EN.pdf/74195ad7-ce17-4c2f-b86c-c990c938bf30

Person in charge of the newsline: Olga Nagiyeva 

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