GENERICO.ruЭкономикаEurostat downgrades estimate of eurozone GDP growth in Q2

Eurostat downgrades estimate of eurozone GDP growth in Q2

MOSCOW, September 7. Eurozone GDP, according to the third, final estimate, in the second quarter of 2023 grew at an annual rate of 0.5%, and quarterly — by 0.1%, the European statistical agency Eurostat reported.
Preliminary and interim estimates assumed growth by 0.6% and 0.3%, respectively.
For the first quarter, GDP growth in the euro area amounted to 1.1% in annual terms, and 0.1% in quarterly terms.

In in turn, the total GDP of the EU countries in the second quarter, according to the third assessment, grew by 0.4% in annual terms, and in the quarter showed zero dynamics. A quarter earlier, the annual indicator increased by 1.1%, and the quarterly figure — by 0.2%.

In quarterly terms, the most noticeable growth was observed in Lithuania (+2.9%), Slovenia (+1, 4%) and Greece (+1.3%), while the biggest declines were recorded in Poland (-2.2%), Sweden (-0.8%) and Austria (-0.7%).

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