Eurostatistics: Euro Zone Economy Grew By 0.4% In The Third Quarter Of This Year.
Statistics Bureau of the European Union Preliminary data released on the 12 day showed that the euro area economy grew by 0.4% in the third quarter of this year, and the pace of recovery slowed down significantly compared with the previous quarter.
In the second quarter of this year,
Euro zone economy
The growth rate was 1%, the recovery was quite strong, and the third quarter slowed down mainly because of the sharp decline in German economic growth.
As the largest economy in the euro area, the German economy grew by 0.7% in the third quarter, up 2.3% from the previous quarter.
stay
Economic recovery
As the pace slows down, there is a big difference between the eurozone members.
Finland has taken the lead. The economy has increased by 1.3%. The main economies such as Germany and France have been slowing down but still growing. Greece, which is deeply in debt, is still in a serious recession. The economy is shrinking by 1.1%.
This result is roughly the same as that of economists.
Analysts believe that the second quarter of the euro zone economic growth is mainly driven by export growth, while the second half of this year, Global trade growth slowed down, the pace of economic recovery in the euro area will be affected.
Ireland's financial and financial situation has deteriorated dramatically over the past few years.
There is concern that Ireland may be forced to ask for help from the European Union after Greece, which will further cast a shadow over the euro area's economic growth prospects.
According to the European Union's Statistics Bureau, the EU's 27 economies increased by 0.4% in the third quarter of this year, down from 1% in the previous quarter.
Over the same period, the US economy grew by 0.5%.
Compared with the same period last year, the euro area and the EU's economic growth in the third quarter of this year increased by 1.9% and 2.1% respectively, while the previous quarter increased by 1.9% and 2% respectively.
- Related reading
Thermal Underwear Has No Industry Standard &Nbsp; Be Careful In Marketing Trap.
|The Central Bank Announced An Increase In The Deposit Reserve Ratio Of &Nbsp; It Is Expected That Interest Rates Will Be Increased Again During The Year.
|Petrochina Will Produce 168 Thousand Tons Of Diesel Fuel Per Day In November.
|- Market quotation | "Kim Gu Is Not Yet, Silver Ten Difficult Period", China'S Cotton Yarn Exports Significantly Reduced
- Industry Overview | Industry Self-Discipline "Four In One" Protection System Forum Site
- Industry dialysis | Many Political And Business Circles Say That China'S Economic Development Has Entered The Orbit Of High Quality.
- Instant news | With ", Respect For Originality And Innovation, Develop " Explore New Industry Trends For The Theme Copyright Protection Forum.
- Instant news | Join Hands In The New Era Of The Yangtze River Delta And The Workers' Professional Skills Competition In The Textile Industry Today.
- Popular color | Han Nationality'S Unique Costumes Are The Crystallization Of The Wisdom Of The Han People.
- Association dynamics | CHIC News: Great Changes In The Past, Brilliant Glory, Sail Ahead, And Start Again.
- Glimpse of exhibition | The New Exhibition Hall Has A New Look, And The Autumn Textile Expo In Keqiao, Shaoxing, China Has 2019 New Glamour.
- Fashion posters | What Does "Tidal Network" Look Like?
- Fashion Bulletin | Air Max FF 720 Shoes New Wine Red / Brown Green Two Colors On Sale
- Cost Rise &Nbsp; Small And Medium-Sized Shoe Enterprises Face A New Round Of Reshuffle.
- Wang Yukai: Strive To Protect The People'S Supervision Of The Government'S Rights
- Polyester Non-Woven Fabric: Create Healthy And Environmental Friendly Space
- "Two Must Not Be" &Nbsp; Strictly Prevent Rough Law Enforcement.
- Joe Chen'S High-Heeled Shoes, Red Skirt Slip Risk &Nbsp, Do Not Exclude Lightning Marriage.
- Five Major Procedures For Ensuring Scientific And Democratic Decision-Making Are Not Going Through The Motions.
- The Regulations Are Very Tough And The Implementation Is Very Important.
- Red Ribbon'S Helplessness: China'S First Case Of Employment Discrimination Against AIDS Is Rejected.
- Crack The Mystery Of AUX Air Conditioning Speed
- North Korea'S National Clothing Exhibition Reflects Modernization Achievements