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Flash estimate for the first quarter of 2014 Euro area; GDP up by 0.2%, EU28 up by 0.3% +0.9% and +1.4% respectively compared with the first quarter of 2013

EU News 224/2014

STAT/14/76
15 May 2014

Seasonally adjusted GDP rose by 0.2% in the euro area1 (EA18) and by 0.3% in the EU281 during the first quarter of 2014, compared with the previous quarter, according to flash estimates2 published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2013, GDP grew by 0.2% in the euro area and by 0.4% in the EU28.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 0.9% in the euro area and by 1.4% in the EU28 in the first quarter of 2014, after +0.5% and +1.0% respectively in the previous quarter.

Source and additional information:
http://europa.eu/rapid/press-release_STAT-14-76_en.htm?locale=en