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Euro area GDP up by 0.4% and EU27 GDP up by 0.3%

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Euro area GDP up by 0.4% and EU27 GDP up by 0.3%

 

According to Eurostat (08/01/10), "Euro area1 (EA16) GDP increased by 0.4% and EU271 GDP by 0.3% during the third quarter of 2009, compared with the previous quarter, according to second estimates from Eurostat, the statistical office of the European Union. In the second quarter of 2009, growth rates were -0.1% in the euro area and -0.3% in the EU27.
In comparison with the same quarter of the previous year, seasonally adjusted GDP declined in the third quarter of 2009 by 4.0% in the euro area and by 4.3% in the EU27, after -4.8% and -5.0% respectively in the previous quarter."

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http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-08012010-BP/EN/2-08012010-BP-EN.PDF