In both the European Union (EU28) and the eurozone (EZ19), seasonally adjusted Gross Domestic Product (GDP) was up 0.6% between the third and fourth quarters of 2017, according to a quick estimate by the European Union statistical office (Eurostat), presented on Tuesday 30 January.
Growth is therefore dropping slightly since, between the second and third quarters of last year, GDP had increased by 0.7% in the two areas concerned. There is a sign of renewed growth on the continent: between the fourth quarter of 2016 and fourth quarter of 2017, the European Union had a 2.6% rate of GDP growth whereas that of the eurozone was 2.7% of GDP. Between the third quarter of 2016 and the third quarter of 2017, the rate was 2.8% of GDP.
Eurostat adds that, over the whole of the year 2017, the value of all wealth created in the eurozone and the European Union increased by 2.5%.
Here, Eurostat focused on figures concerning the European Union and the eurozone, and therefore did not give any country-by-country indications. (Original in French by Lucas Tripoteau)