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EU & euro area GDP up by 0.6% in Q2 2022

Source:China Sport ShowRelease time:19-Aug-2022Clicks:
Article From:fibre2fashion
 

 
In the second quarter (Q2) of 2022, seasonally adjusted GDP increased by 0.6 per cent both in the euro area and in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2022, GDP had grown by 0.5 per cent in the euro area and by 0.6 per cent in the EU.
Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 3.9 per cent in the euro area and by 4 per cent in the EU in the second quarter of 2022, after +5.4 per cent in the euro area and +5.5 per cent in the EU in the previous quarter.
 
During the second quarter of 2022, GDP in the United States decreased by 0.2 per cent compared to the previous quarter (after -0.4 per cent in the first quarter of 2022). Compared with the same quarter of the previous year, GDP increased by 1.6 per cent (after +3.5 per cent in the previous quarter).
 
The number of employed persons increased by 0.3 per cent both in the euro area and in the EU in the second quarter of 2022, compared with the previous quarter. In the first quarter of 2022, employment had increased by 0.6 per cent in the euro area and by 0.5 per cent in the EU.
 
Compared with the same quarter of the previous year, employment increased by 2.4 per cent in the euro area and by 2.3 per cent in the EU in the second quarter of 2022, after +2.9 per cent in euro area and +2.8 per cent in the EU in the first quarter of 2022, according to Eurostat.
 

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