Home / Knowledge / News / Growth in foreign trade & investment for Euro area & EU27
Growth in foreign trade & investment for Euro area & EU27
12
Jan '08
Euro area (EA13) and EU27 GDP both grew by 0.8% in the third quarter of 2007, compared with the previous quarter, according to second estimates from Eurostat, the Statistical Office of the European Communities. In the second quarter of 2007, growth rates were +0.3% in the euro area and +0.5% in the EU27.

In comparison with the same quarter of the previous year, seasonally adjusted GDP grew in the third quarter of 2007 by 2.7% in the euro area and by 3.0% in the EU27, after +2.5% and +2.8% respectively in the previous quarter.

In the third quarter of 2007 and among the Member States for which seasonally adjusted GDP data are available, Lithuania (+5.2%) recorded the highest growth rate compared with the previous quarter, followed by Latvia (+2.8%) and Slovakia (+2.5%).

Growth in foreign trade and investment:
In the third quarter of 2007, household final consumption expenditure increased by 0.5% in the euro area and by 0.7% in the EU27 (after +0.6% in both zones in the previous quarter).

Investment increased by 1.2% in the euro area and by 1.5% in the EU27 (after -0.1% and 0.0%). Exports rose by 2.2% both in the euro area and in the EU27 (after +0.9% and +0.7%). Imports increased by 2.6% in the euro area and by 3.0% in the EU27 (after +0.3% and +0.2%).

Among the Member States for which seasonally adjusted expenditure data are available, growth rates of household final consumption ranged from -1.7% in Estonia to +3.0% in Latvia.

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search