GDP up by 0.4% in the euro area and the EU28

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The FINANCIAL — Seasonally adjusted GDP rose by 0.4% in both the euro area (EA19) and the EU281 during the first quarter of 2015, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union.

In the fourth quarter of 2014, GDP grew by 0.3% in the euro area and by 0.4% in the EU28.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.0% in the euro area and by 1.4% in the EU28 in the first quarter of 2015, after +0.9% and +1.3% respectively in the previous quarter.

During the first quarter of 2015, GDP in the United States increased by 0.1% compared with the previous quarter (after +0.5% in the fourth quarter of 2014). Compared with the same quarter of the previous year, GDP grew by 3.0% (after +2.4% in the previous quarter).

 

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