In the third quarter, seasonally adjusted GDP rose by 0.2% in both the euro area and the European Union, compared with the previous quarter, according to a flash estimate published by Eurostat, the EU’s statistical office.
In the second quarter, GDP increased by 0.8% in the euro area and 0.7% in the EU.
Of the 21 countries for which data is available, eight countries faced negative growth in the third quarter, including Latvia (-1.7% of GDP), Slovenia (-1.4%), Hungary and the Czech Republic (-0.4%), the Netherlands (-0.2%) and Belgium and Austria (-0.1%).
Wealth generation was highest in Cyprus and Romania (both 1.3%) and Poland (0.9%). Growth was 0.2% in France and Spain, 0.3% in Germany and 0.4% in Italy.
Employment. Between the second and third quarters of this year, the number of people in employment increased by 0.2% in both the euro area and the EU. In the second quarter of 2022, employment increased by 0.4% in both the euro area and the EU. (Original version in French by Mathieu Bion)