GDP and employment flash estimates for the third quarter of 2020: GDP up by 12.6% and employment up by 0.9% in the euro area

https://ec.europa.eu/eurostat/documents/2995521/10662173/2-13112020-AP-EN.pdf/0ac3f053-f601-091d-ea21-db1ecaca7e8c

GDP growth in the euro area and EU: In the third quarter of 2020, seasonally adjusted GDP increased by 12.6% in the euro area and by 11.6% in the EU compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. These were by far the sharpest increases observed since time series started in 1995, and a rebound compared with the second quarter of 2020, when GDP had decreased by 11.8% in the euro area and by 11.4% in the EU.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.