A growing GDP in the euro area

In the first quarter of 2010 the euro area and EU GDP grew by 0.2% over the previous quarter, because it reveals a Eurostat report . Compared to the first quarter of last year's GDP in the euro area grew by 0.6% in the EU, growth was 0.5%.

In France, GDP grew in the first quarter of 2010 of 0.1% over the previous quarter and 1 .2% over the first quarter of 2009. In Germany, GDP growth was 0.2% over the previous quarter and 1 .5% versus the first quarter of 2009. In Great Britain in the first quarter of 2010 GDP grew by 0.3% over the previous quarter, but fell by 0.2% over the first quarter of 2009.
In Italy in the first quarter of this year, GDP grew by 0.5% over the previous quarter and by 0.6% over the first quarter of 2009.
In the United States in the first quarter of 2010 GDP grew by 0.8% over the previous quarter and by 2.5% over the first quarter of 2009. In Japan in the first quarter GDP grew dell1.2% over the previous quarter and by 4.2% over the first quarter of 2009.

In the first quarter of 2010, household final consumption expenditure decreased by 0.1% in the euro area and 0.2% in the EU, after recording an increase of 0.2% in both areas in the previous quarter.
Investments decreased by 1% in the euro area and 1 .1 .2% in the EU (after -1.3% and -1.6% respectively in the previous quarter). Exports increased by 2.5% in the euro area and by 2.3% in the EU (after +1.7% and +1.9% respectively in the previous quarter). Imports increased by 4% in the euro area and by 3.4% in the EU (after +1.2% and +1.6% respectively in the previous quarter).

Inflation is estimated for May 2010 in the euro area stood at 1 .6%, grew by 0.1% compared with 1 .5% in April 2010.


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