GDP up by 0.7% in Cyprus for Q3 2018, up by 0.2% in the euroarea, according to Eurostat

Seasonally adjusted GDP rose by 0.2% in the euro area (EA19), by 0.3% in the EU28 and by 0.7% in Cyprus during the third quarter of 2018, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union.

In the second quarter of 2018, GDP had grown by 0.4% in the euro area, by 0.5% in the EU28 and by 0.8% in Cyprus.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.7% in the euro area, by 1.9% in the EU28 and by 3.6% in Cyprus in the third quarter of 2018, after +2.2%, +2.1% and 4.0% respectively in the previous quarter.

During the third quarter of 2018, GDP in the United States increased by 0.9% compared with the previous quarter (after +1.0% in the second quarter of 2018). Compared with the same quarter of the previous year, GDP grew by 3.0% (after +2.9% in the previous quarter).

Meanwhile the number of persons employed increased by 0.2% in both the euro area (EA19) and the EU28 in the third quarter of 2018 compared with the previous quarter. In the second quarter of 2018, employment increased by 0.4% in both the euro area and the EU28. Compared with the same quarter of the previous year, employment increased by 1.3% in the euro area and by 1.2% in the EU28 in the third quarter of 2018 (after +1.5% and +1.4% respectively in the second quarter of 2018).

Finally, according to Eurostat, in September 2018 compared with August 2018, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28. In August 2018, industrial production rose by 1.1% in the euro area and by 0.8% in the EU28. In September 2018 compared with September 2017, industrial production increased by 0.9% in the euro area and by 1.1% in the EU28.

Industrial production in Cyprus increased by 0.4% and 3.2% in montly and annual basis respectively, for August 2018 (latest available data).

Source: Cyprus News Agency

GDP up by 0.7% in Cyprus for Q3 2018, up by 0.2% in the euroarea, according to Eurostat

Seasonally adjusted GDP rose by 0.2% in the euro area (EA19), by 0.3% in the EU28 and by 0.7% in Cyprus during the third quarter of 2018, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union.

In the second quarter of 2018, GDP had grown by 0.4% in the euro area, by 0.5% in the EU28 and by 0.8% in Cyprus.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.7% in the euro area, by 1.9% in the EU28 and by 3.6% in Cyprus in the third quarter of 2018, after +2.2%, +2.1% and 4.0% respectively in the previous quarter.

During the third quarter of 2018, GDP in the United States increased by 0.9% compared with the previous quarter (after +1.0% in the second quarter of 2018). Compared with the same quarter of the previous year, GDP grew by 3.0% (after +2.9% in the previous quarter).

Meanwhile the number of persons employed increased by 0.2% in both the euro area (EA19) and the EU28 in the third quarter of 2018 compared with the previous quarter. In the second quarter of 2018, employment increased by 0.4% in both the euro area and the EU28. Compared with the same quarter of the previous year, employment increased by 1.3% in the euro area and by 1.2% in the EU28 in the third quarter of 2018 (after +1.5% and +1.4% respectively in the second quarter of 2018).

Finally, according to Eurostat, in September 2018 compared with August 2018, seasonally adjusted industrial production fell by 0.3% in the euro area (EA19) and by 0.2% in the EU28. In August 2018, industrial production rose by 1.1% in the euro area and by 0.8% in the EU28. In September 2018 compared with September 2017, industrial production increased by 0.9% in the euro area and by 1.1% in the EU28.

Industrial production in Cyprus increased by 0.4% and 3.2% in montly and annual basis respectively, for August 2018 (latest available data).

Source: Cyprus News Agency