Wednesday, 12 May 2010

GDP Rose 0.2% In Europe In First Quarter

GDP rose by 0.2% in Q1 2010 compared with the previous quarter in both the euro area and the EU27 according to Eurostat. Compared with the same quarter in the previous year GDP increased by 0.5% in the euro area and by 0.3% in the EU27.

US GDP rose 0.8% Q1 2010 on Q4 2009 and by 2.5% in Q1 2010 on Q1 2009. In EU27, Slovakia's GDP rose by 4.6% and Latvia's fell by 5.1%. In the euro area, Germany's GDP rose by 1.5% and Greece's fell by 2.3%.

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