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.