We use first party and third-party Cookies to help us understand Website usage and to improve the content and offerings and to provide you advertising, analytics and other purposes related to your navigation habits. If you continue scrolling, we consider you accept the policy. You can read more about our cookie policy.


The global fashion business journal

Jan 24, 202010:22pm

Eurozone economy grows only 0.2% in third quarter

The Gross Domestic Product (GDP) of the euro zone maintains the same growth rate as in the second quarter, according to the latest data from the European statistical office Eurostat.

Nov 14, 2019 — 5:19pm
mds
Save

Eurozone economy grows only 0.2% in third quarter

 

 

Economy of the eurozone continues to grow moderately. The Gross Domestic Product (GDP) of the region rose only 0.2% between June and September, compared to the previous quarter, according to the latest data from Eurostat. Eurozone GDP has increased 1.2% compared to the third quarter of 2018, one tenth more than in the second quarter.

 

In the European Union as a whole, the economy registered a quarterly increased by 0.3%, up from 0.2% in the previous period. On a year-on-year basis, European Union economy grew 1.3%

 

 

 

 

Among the large euro economies, Germany’s GDP increase of 0.1% in the third quarter, compared to a 0.2% decline in the second quarter of 2019. The country thus dodges the technical recession that experts anticipated.

 

The French economy rose 0.3% in the third quarter, the same percentage as in the previous quarter, while Italy registered a stagnation between June and September, after growing by 0.1% in the third quarter.

 

Advertising
Comment
Participation rules

info@themds.com

 

Validation policy for comments: 

 
MDS does not perform prior verification for the publication of comments. However, to prevent anonymous comments from affecting the rights of third parties without the ability to reply, all comments require a valid email address, which won’t be visible or shared.
 
Enter your name and email address to be able to comment on this news: once you click on the link you will find within your verification email, your comment will be published.

0 comments — Be the first to comment
...