Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  December 02, 2010 11:43:15

EU: GDP in Q3 grew by 0.4%


EU GDP in Q3 of this year grew by 0.4% QoQ compared with growth of 1% in 2Q.

Exports declined in Q3 growth previous 4.3 to 1.9%. Corporate investment stagnated after growth of 1.7% and consumer spending grew by 0.3% vs. 0.2% in 2Q. Government spending increased in Q3 by 0.4% compared with growth of 0.1% in 2Q. Imports into the EU in Q3 slowed from 4.2 to 1.7%.

In comparison to the euro area GDP grew by 1.9% compared with growth of 2% in 2Q.

German Economy in Q3 grew by 0.7% versus 2.3% in 2Q, France slowed growth from 0.7 to 0.4%, Italian expansion slowed from 0.5 to 0.2%, Spain stagnated, Greek GDP fell by 1.1%.
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EU: HDP ve 3Q rostl o 0,4%

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