Home Latest News & Insights EUROZONE GDP MARGINALLY DIPS

EUROZONE GDP MARGINALLY DIPS

November 6, 2023
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Eurozone GDP marginally dips. According to Eurostat‘s preliminary flash estimate, the euro area experienced a slight GDP decline of 0.1% in the third quarter of 2023.

Meanwhile, the EU as a whole achieved a modest 0.1% growth.

Compared with the same quarter of the previous year, both regions saw a GDP increase of 0.1%.

However, Eurostat notes these initial estimates are based on incomplete data and could be revised.