EU December industrial production down but GDP slightly up
EU December 2015 industrial production is down by 1.0 % in both Euro Area and EU 28, however seasonally adjusted GDP in fourth quarter of 2015 rose by 0.3 % in both the euro area (EA19) and the EU28 during the fourth quarter of 2015, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the third quarter of 2015, GDP grew by 0.3 % and 0.4 % respectively
Seasonally adjusted GDP rose by 0.3 % in both the Euro Area (EA19) and the EU28 during the fourth quarter of 2015, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the third quarter of 2015, GDP grew by 0.3% and 0.4 % respectively. Compared with the same quarter of the previous year, seasonally adjusted GDP roseby1.5 % in the
Euro Area, and by 1.8 % in the EU28 in the fourth quarter of 2015, after +1.6 % and +1.9 % respectively in the previous quarter.
During the fourth quarter of 2015, GDP in the United States increased by 0.2 % compared with the previous quarter (after +0.5 % in the third quarter of 2015).
Compared with the same quarter of the previous year, GDP grew by 1.8 % (after +2.1 % in the previous quarter).
Over the whole year 2015, GDP rose by 1.5% in the euro area and by 1.8 % in the EU28.