ECONOMY - FINANCE / Economy

0.3% GDP growth in euro area in third quarter

Brussels, 07/12/2022 (Agence Europe)

Seasonally adjusted GDP rose by 0.3% in the euro area and by 0.4% in the European Union in the third quarter, compared with the previous quarter, according to an estimate released by the EU’s statistical office Eurostat.

In the second quarter, GDP increased by 0.8% in the euro area and 0.7% in the EU.

The countries with the highest wealth generation were Ireland (+2.3%), followed by Cyprus, Malta and Romania (all +1.3%). Growth was moderate in Italy (0.5%) and Germany (0.4%), and sluggish...