Preliminary flash estimate for the 4th quarter of 2017 – GDP up by 0.6% in both the euro area and the EU28 – +2.7% and +2.6% respectively compared with the 4th quarter of 2016

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http://maltawinds.com/2018/01/30/preliminary-flash-estimate-4th-quarter-2017-gdp-0-6-euro-area-eu28-2-7-2-6-respectively-compared-4th-quarter-2016/

Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and in the EU28 during the fourth quarter of 2017, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. In the third quarter of 2017, GDP had grown by 0.7% in both zones.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 2.7% in the euro area and by 2.6% in the EU28 in the fourth quarter of 2017, after +2.8% in both zones in the previous quarter.

Over the whole year 2017, GDP grew by 2.5% in both zones.