The growth of the euro zone economy slowed down, in the whole of 2022, to 3.5%, compared to 5.3% the previous year, according to data released this Wednesday by Eurostat.
According to the statistics service of the European Union (EU), the growth of the Gross Domestic Product (GDP) of the 27 member states is also slowing down to 3.5%, after rising 5.4% in 2021.
Between October and December 2022, Eurozone GDP increased by 1.8% year-on-year and was unchanged from the third quarter of 2022.
In the EU, GDP grew by 1.7% year-on-year and fell by 0.1% year-on-year.
The economies of Ireland (13.1%), Greece (5.2%) and Malta (4.9%) registered, in the fourth quarter of 2022, the highest annual growth rates, with Estonia (-4.4% ), Lithuania (-0.4%) and Sweden (-0.1%) presented the only decreases.
Compared to the previous quarter, between October and December 2022, Greece (1.4%), Malta (1.2%) and Cyprus (1.1%) presented the highest increases in GDP and Poland (-2.4 %), Estonia (-1.6%). ) and Finland (-0.6%) the main decreases.
Portuguese GDP increased 3.2% year-on-year and 0.3% year-on-year.
In the bulletin, Eurostat also discloses data on the employment indicator, estimating that it has grown, in the whole of 2022, by 2.2% in the euro zone and by 2.0% in the EU.
In the bulletin, Eurostat also discloses data on the employment indicator, estimating that it has grown, in the whole of 2022, by 2.2% in the euro zone and by 2.0% in the EU.
In the last three months of 2022, employment increased, in the euro zone, by 1.5% in the same comparison and by 0.3% in the chain, and in the EU it rose, respectively, by 1.3% and 0.3%
Malta (7.0%), Estonia (3.7%) and Lithuania (3.6%) recorded the largest year-on-year increases in employment, with Poland (-0.2%) recording the only decline.
In the quarterly comparison, Portugal recorded the greatest decrease in the indicator (-0.8%), followed by Latvia and Lithuania (-0.5% each), with the greatest advances being observed in Malta (1.6%), Poland ( 0.9%). Cyprus, Estonia and the Netherlands (0.7% each).
Source: TSF
