How the European economy behaved and where did Portugal stand
THE gross domestic product (GDP) in the euro zone grew 1.9% in the fourth quarter of 2022 in year-on-year terms and 0.1% year-on-year, according to data released this Tuesday by Eurostat. In the European Union (EU), GDP increased by 1.8% compared to the same period in 2021 and stabilized in a chain.
euro zone #GDP +0.1% in Q4 2022, +1.9% compared to Q4 2021: preliminary preliminary estimate of #Eurostat https://t.co/U8NTPUudEJ pic.twitter.com/xYrlTg6HQT
— EU_Eurostat (@EU_Eurostat) January 31, 2023
Among the Member States for which data are available, Portugal recorded, in the last three months of 2022, the second highest year-on-year GDP growth (3.1%) and third highest in a row (0.2%).
Compared to the fourth quarter of 2021, Ireland (15.7%) was the country whose economy grew the most, according to the quick estimate, followed by Portugal (3.1%) and Austria (2.7%).
In the quarterly variation, the GDP of Ireland was also the one that accelerated the most (3.5%), followed by Latvia (0.3%), Portugal and Spain (0.2% each).
Sweden (-0.6%) and Lithuania (-0.4%) had year-on-year losses in their GDP and Lithuania (-1.7%), Austria (-0.7%) and Sweden (- 0.6) %) was the biggest quarterly break.
Eurozone and EU GDP targeting 3.5% and 3.6% in 2022, above forecast
AN Euro zone economy grew 3.5% and the European Union (EU) 3.6% in 2022, above forecastaccording to an estimate released today by Eurostat.
The quick estimate, released today by the European statistical service, revises upwards the most forecasts of the European Commission which, in November, pointed to an annual growth of 3.2% of the Gross Domestic Product (GDP) of the euro zone and of 3 , 3% non-EU.
[Notícia atualizada às 10h29]
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