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September 07, 2018EU AND EURO AREA GDP, Q2 2018 
Eurostat reports today that real GDP rose by 1.8 per cent (seasonally adjusted annualized rate) in the European Union (revised up 0.1 percentage points) and by 1.5 per cent in the Euro Area (unchanged from the flash estimate) in the second quarter of 2018. Real GDP growth has slowed in the first two quarters of 2018 compared to growth in 2017.
Comparing Q2 2018 with Q2 2017, seasonally adjusted GDP rose by 2.1 per cent in both the Euro Area the European Union. Among countries reporting data at this time, the fastest growth over the past year occurred in Malta (+5.7 per cent), Poland (+5.0 per cent), and Hungary (+4.6 per cent). Slower rates of growth were reported in Denmark (+0.6 per cent), Italy (+1.2 per cent) and the United Kingdom (+1.3 per cent).
Source: Eurostat
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