Eurostat Flash estimates for the third quarter of 2009: Euro area GDP up by 0.4% and EU27 GDP up by 0.2%
Sunday, 15 November 2009 | 
European Affairs
GDP increased by 0.4% in the euro area (EA16) and by 0.2% in the EU271 during the third quarter of 2009, compared with the previous quarter, according to flash estimates published by Eurostat, the Statistical Office of the European Communities. In the second quarter of 2009, growth rates were -0.2% in the euro area and -0.3% in the EU27.
Compared with the same quarter of the previous year, seasonally adjusted GDP decreased by 4.1% in the euro area and by 4.3% in the EU27 in the third quarter of 2009, after -4.8% and -4.9% respectively in the previous quarter.
During the third quarter of 2009, US GDP increased by 0.9% compared with the previous quarter, after -0.2% in the second quarter. US GDP decreased by 2.3% compared with the same quarter of the previous year (-3.8% in the previous quarter).
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