May 15, 2024
Seasonally adjusted GDP grew by 0.3% across the EU and the euro area in the first quarter of 2024 compared to the prior quarter, according to a flash estimate released by Eurostat, the EU’s statistical office. The GDP of the euro area fell by 0.1% in the fourth quarter of 2023, while the EU’s GDP stayed constant.
In comparison to the previous quarter, the number of employed people grew by 0.2% in the EU and by 0.3% in the euro area in the first quarter of 2024. The fourth quarter of 2023 saw the same patterns as reflected here.
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