However, the growth of the block of 38 states has slowed down, marking 0.9% compared to the second quarter, when it had done so by 1.7%.
In the main G7 economies, all countries, with the exception of Japan (whose GDP fell 0.8%) registered an expansion; However, with the exception of the United States, which exceeded its pre-pandemic level by 1.4%, all the others have not yet completed the recovery.
France, located just 0.1% from reaching the level prior to the economic and health crisis, led growth with 3% (accelerating from 1.3% in the second quarter), followed by Italy with 2.6 %.
Meanwhile, in Germany and the United Kingdom, GDP increased 1.8% and 1.3% respectively in the third quarter, compared with 1.9% and 5.5% in the previous period.
For their part, Canada and the United States posted increases of 0.5%, after the first fell 1.6% in the second quarter, and the second expanded 1.6%.
Meanwhile, if only the countries of the Eurozone and those of the European Union (EU) are taken, their GDP grew 2.2% and 2.1% respectively, standing at a level similar to the increases of 2 , 1% and 2% of the previous quarter.
The United Kingdom and Japan, in particular, still lag behind pre-pandemic activity, standing at 2.1% and 2.2% respectively from the levels of the fourth quarter of 2019.
Regarding the annualized data, the United Kingdom and the United States lead the pack of the G7 countries with increases of 6.6% and 4.9%, completes the statement from the Paris-based organization.
Source From: Ambito
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