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For additional information relating to this article, please contact:

Thomas StorringDirector – Economics and Statistics
Tel: 902-424-2410Email: thomas.storring@novascotia.ca

January 31, 2019
EU AND EURO AREA GDP, Q4 2018 [PRELIMINARY FLASH]

 

In a preliminary flash estimate, Eurostat reports that real GDP rose by 1.1 per cent (seasonally adjusted annualized rate) in the European Union and by 0.9 per cent in the Euro Area in the final quarter of 2018.  Real GDP growth has been slower in 2018 compared to 2017. 

Comparing Q4 2018 with Q4 2017, seasonally adjusted GDP rose by 1.2 per cent in the Euro Area and 1.5 per cent in the European Union.  

According to a first estimation of annual growth for 2018, GDP grew by 1.8 per cent in the Euro Area and 1.9 per cent in the European Union.

Source: Eurostat



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