2024-06-08 21:52:04
Within the first quarter of the yr, seasonally adjusted GDP within the EU and within the euro space grew by 0.3 p.c on a month-to-month foundation, based on Eurostat knowledge launched right this moment. Within the earlier quarter, GDP within the euro space fell by 0.1 p.c and remained unchanged within the EU.
On an annual foundation, seasonally adjusted GDP grew by 0.5 p.c within the EU and by 0.4 p.c within the Eurozone after development of 0.3 p.c within the EU and 0.2 p.c within the Eurozone, BTA reported.
By comparability, within the first quarter, US GDP grew by 0.3 p.c month-to-month and by 2.9 p.c yearly.
Among the many member states, Malta (+1.3 p.c), Cyprus (+1.2 p.c) and Croatia (+1.0 p.c) reported the very best development on a quarterly foundation. A decline was registered in Denmark (-1.8 p.c), Estonia (-0.5 p.c) and the Netherlands (-0.1 p.c).
Bulgaria grew by 0.4 p.c on a quarterly foundation.
Employment within the EU and euro space additionally rose by 0.3 p.c within the first quarter, following an increase of 0.2 p.c for the EU and 0.3 p.c for the euro space within the earlier interval.
Yr-on-year development was 0.9 and 1 p.c, respectively, after 1 and 1.2 p.c in October-December 2023.
Within the January-March interval, probably the most critical enhance in employment on a quarterly foundation was reported by Romania (+2.4 p.c), Malta (+1.4 p.c) and Portugal (+1.1 p.c), whereas Poland recorded a lower ( -0.6 p.c), Slovakia (-0.3 p.c) and Sweden (-0.1 p.c).
Bulgaria reported a development of 0.1 p.c.
Eurostat studies that within the first quarter of the yr, 218 million individuals labored within the EU, of which 169.9 million – within the euro space.