16th November 2012

GDP and industrial production statistics released

During the third quarter of 2012, GDP fell by 0.1% in the euro area and increased by 0.1% in the EU27, compared with the previous quarter. In the second quarter of 2012, growth rates were -0.2% in both zones. Compared with 2011, seasonally adjusted GDP fell by 0.6% in the euro area and by 0.4% in the EU27 in the third quarter of 2012.

In addition, seasonally adjusted industrial production fell by 2.5% in the euro area and by 2.3% in the EU27 in September 2012 compared with August 2012. The largest decreases were registered in Ireland (-12.6%), Portugal (-12.0%), Greece (-4.4%), Sweden (-3.4%), Spain and Latvia (both -2.8%) and France (-2.7%), and the highest increases in Estonia (+2.0%) and Slovakia (+1.4%).

The data comes from estimates published by Eurostat, the statistical office of the European Union. For more information, click here.

Members of the American Chamber of Commerce in the Czech Republic