In the European Union as a whole, GDP growth in the third quarter also slowed to 0.2% from 0.7% in the previous three months, its worst reading since the first quarter of 2021.
Thus, compared to the third quarter of last year, the GDP of the euro area grew by 2.1% and that of the EU by 2.4%.
Among the countries for which data were available, Romania posted the highest quarterly growth (1.3%), ahead of Poland (0.9%) and Sweden (0.7%). In contrast, contractions in activity were observed in Latvia (-1.7%), Slovenia (-1.4%), Hungary and the Czech Republic (-0.4% both), the Netherlands (-0.2%) and in Belgium, Austria and Finland (-0.1% each).
In the case of Spain, GDP slowed its rate of expansion in the third quarter to 0.2% from 1.5% in the three previous months. For its part, Germany registered growth of 0.3%, two tenths more than in the second quarter, while France grew 0.2%, compared to 0.5% in the second quarter, and the expansion of Italy slowed down. to 0.5% from 1.1% in the previous quarter.
Compared, United States GDP in the third quarter of 2022 grew by 0.6%, thus emerging from technical recession after falls of 0.1% in the second quarter and 0.4% between January and March.
In the case of Japan, GDP registered a contraction of 0.3% in the third quarter after growing by 1.1% between April and June, while in the United Kingdom the economy fell by 0.2% between July and June. September, after an expansion of two tenths in the second quarter.
Source: Ambito
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