EU GDP grows by 1.2% YoY in Q1 2023

MG News | May 17, 2023 at 03:44 PM GMT+05:00
May 17, 2023 (MLN): The EU gross domestic product (GDP) expanded by 1.2% YoY in the first quarter of 2023, Eurostat's provisional figures revealed on Tuesday.
While on a quarterly basis, EU GDP went up by 0.2% QoQ.
Notably, the EU GDP growth rate was 1.7% YoY in the previous quarter, and this quarter also marks the fifth consecutive slowdown in yearly basis growth.
The data further revealed the GDP growth rate was at 1.3% YoY in the euro area.
Among member states, the highest growth rate was posted by Spain with 3.8% YoY, followed by the Greek Cypriot administration with 3.4% YoY, and Romania with 2.8% YoY.
Meanwhile, four member states posted negative growth rates, which include Lithuania with a -3.4% YoY, Hungary with -1.1% YoY, Czech Republic with -0.2% YoY, and Germany with -0.1% YoY.
On the other hand, the EU growth rate of employment in persons stood at 1.6% YoY and 0.6% QoQ.
Copyright Mettis Link News
Related News
Name | Price/Vol | %Chg/NChg |
---|---|---|
KSE100 | 138,412.25 167.69M | 0.32% 447.43 |
ALLSHR | 85,702.96 423.92M | 0.15% 131.52 |
KSE30 | 42,254.84 82.09M | 0.43% 180.24 |
KMI30 | 194,109.59 84.37M | 0.15% 281.36 |
KMIALLSHR | 56,713.67 217.03M | 0.03% 16.37 |
BKTi | 37,831.34 13.04M | 1.62% 603.62 |
OGTi | 27,440.63 3.93M | -0.09% -23.70 |
Symbol | Bid/Ask | High/Low |
---|
Name | Last | High/Low | Chg/%Chg |
---|---|---|---|
BITCOIN FUTURES | 117,080.00 | 119,740.00 116,460.00 | -1215.00 -1.03% |
BRENT CRUDE | 73.37 | 73.63 71.75 | 0.86 1.19% |
RICHARDS BAY COAL MONTHLY | 96.50 | 0.00 0.00 | 2.20 2.33% |
ROTTERDAM COAL MONTHLY | 104.50 | 104.50 104.50 | -0.30 -0.29% |
USD RBD PALM OLEIN | 998.50 | 998.50 998.50 | 0.00 0.00% |
CRUDE OIL - WTI | 70.22 | 70.51 68.45 | 1.01 1.46% |
SUGAR #11 WORLD | 16.46 | 16.58 16.37 | -0.13 -0.78% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
Name | Last | Chg/%Chg |
---|
Name | Last | Chg/%Chg |
---|