Seasonally adjusted GDP rose by 0.4% in both the euro area (EA19) and the EU28 during the second 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 first quarter of 2018, GDP had also grown by 0.4% both in the euro area and in the EU28.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 2.2% in both the euro area and the EU28 in the second quarter of 2018, after +2.5% and +2.4% respectively in the previous quarter.
During the second quarter of 2018, GDP in the United States increased by 1.0% compared with the previous quarter (after +0.5% in the first quarter of 2018). Compared to the same quarter of the previous year, GDP grew by 2.8% (after +2.6% in the previous quarter).
Romania recorded the most significant advance of the EU economy in the second quarter of 2018, compared to the previous three months, Eurostat also informs.
Among the Member States, the most significant quarterly increase was in Romania (1.4%), Slovakia and Sweden (both by 1%), Poland, Lithuania and Hungary (all by 0.9%) .