Seasonally-adjusted GDP grew by 1.6% in the European Union in the third quarter of this year, and by 1.4% in the euro area, new flash estimates from Eurostat have revealed.
On a quarter-on-quarter basis, i.e. compared to the second quarter of the year, EU GDP rose by 0.3%, while it was up 0.2% in the euro area.
Employment also grew in the period, the data showed, rising by 0.6% in the EU and by 0.5% in the euro area, compared to the same period the previous year.
On a quarter-on-quarter basis, employment was up by 0.1% in the euro area and by 0.2% in the EU, Eurostat noted.
GDP growth by EU member state
The release also includes country-level flash estimates for quarterly and annual GDP growth, with Ireland showing the biggest growth compared to the same quarter a year ago, with a 12.3% rise.
Other countries to report year-on-year growth in GDP in the period included Poland, which was up 3.7%, Cyrpus, which rose 3.6%, Bulgaria, which rose 3.2%, Spain, which rose 2.8%, and Czechia, which was up 2.7%.
On a quarter-on-quarter basis, the biggest increase in GDP was seen in Cyprus, which was up 0.9%, with several countries, such as Poland, Portugal and Slovenia seeing 0.8% growth. Read more here.
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