GDP growth slows to 0.4 percent in the Eurozone and 0.5 percent in the EU
Eurostat announced a slowdown in GDP growth in the third quarter of 2026 compared to the previous quarter.
Translated by Qiyas from كونا — Original source
Brussels, Oct 30 (KUNA) -- Eurostat, the statistical office of the European Union, announced on Friday that seasonally adjusted gross domestic product (GDP) grew by 0.4% in the euro area and 0.5% in the European Union during the third quarter of 2026, compared with the previous quarter, according to preliminary estimates.
Eurostat said in a statement that this increase came at a slower pace than in the second quarter of the year, when GDP rose by 0.6% in the euro area and 0.7% in the EU.
It added that GDP grew by 1.3% in the euro area and 1.5% in the EU on an annual basis during the third quarter of 2026, compared with increases of 1.2% and 1.4%, respectively, in the previous quarter.
The office noted that Ireland recorded the highest quarterly growth among member states with available data, at 5.5%, followed by Estonia, Spain, and the Netherlands, each at 0.6%.
Conversely, GDP declined in Lithuania by 0.1% and in France by 0.1%. (End) Arn / T.M.A
