August 14, 2024
GDP growth in the Euro Area and EU
Seasonally adjusted GDP in both the Euro Area and the EU climbed by 0.3% in the second quarter of 2024 compared to the previous quarter. In the first quarter of 2024, GDP increased by 0.3% in both zones.
In the second quarter of 2024, seasonally adjusted GDP expanded by 0.6% in the Euro Area and 0.8% in the EU, compared to the same quarter the previous year, following a +0.5% in the euro area and +0.6% in the EU.
In the second quarter of 2024, GDP in the United States increased by 0.7% over the previous quarter. GDP climbed by 3.1% compared to the same quarter last year (up from 2.9% the previous quarter).
Employment growth in the Euro Area and EU
In the second quarter of 2024, employment climbed by 0.2% in both the Euro Area and the EU compared to the previous quarter. In the first quarter of 2024, employment increased by 0.3% in both zones.
(Source: Eurostat)
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