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Prime Content | 
Euro area sees minor GDP fall, EU stable in Q3 2023

17 Nov '23
2 min read
Pic: Adobe Stock/Romolo Tavani
Pic: Adobe Stock/Romolo Tavani

Insights

  • In Q3 2023, the euro area's GDP slightly decreased by 0.1 per cent, while the EU's GDP remained stable compared to the previous quarter.
  • This followed a 0.2 per cent growth in the euro area and stability in the EU in Q2 2023.
  • Year-on-year, the GDP in both the euro area and the EU saw a minimal increase of 0.1 per cent, a decline from Q2's growth rates.

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