European GDP stable

Euro area and EU27 GDP stable: Eurostat

  • GDP remained stable in both the euro area (EA17) and the EU27 during the first quarter of 2012, compared with the previous quarter.
  • In the fourth quarter of 2011, growth rates were -0.3% in both zones.
  • Compared with the first quarter of 2011, seasonally adjusted GDP decreased by 0.1% in the euro area and increased by 0.1% in the EU27, after +0.7% and +0.8% respectively in the previous quarter.
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