Euro Area GDP Rises by 0.3% in Q4

GDP increased by 0.3% in the euro area (EA16) and by 0.2% in the EU27 during the fourth quarter of 2010, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union.
TradingEconomics.com, Eurostat 2/15/2011 10:35:59 AM

In the third quarter of 2010, growth rates were +0.3% in the euro area and +0.5% in the EU27.

Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 2.0% in the euro area and by 2.1% in the EU27 in the fourth quarter of 2010, after +1.9% and +2.2% respectively in the previous quarter.

Over the whole year 2010, GDP increased by 1.7% in both the euro area and the EU27.


Euro Area GDP Rises by 0.3% in Q4