Eurozone GDP in Q3 unrevised at 0.4%; Producer price index up 0.4% in month of September
Dec 2nd, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
GDP (gross domestic product) increased by 0.4% in the Eurozone (EA16) and by 0.5% in the EU27 during the third quarter of 2010, compared with the previous quarter, according to first estimates released by Eurostat, the statistics office of the European Union. In the second quarter of 2010, growth rates were +1.0% in both zones. Meanwhile, in October 2010 compared with September 2010, the industrial producer price index rose by 0.4% in the Eurozone (EA16) and by 0.5% in the EU27. In September 2010, prices increased by 0.3% in both zones.