The GDP of the zone euro falls 0,3% in the last quarter of 2011

The GDP fell 0,3% so much in the zone euro 1 (EA17) like EU271 during the fourth quarter of 2011, in comparison with the previous quarter, according to preliminary estimates published by Eurostat, the statistical office of the European Union. In comparison with the same quarter of the previous year, in seasonal terms, the GDP increased 0,7% in the zone euro and 0,9% in the EU-27 in the fourth quarter of 2011, after 1,3% and 1,4% respectively in the previous quarter.

Remember that the zone 1 (EA17) include Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, Low Countries, Austria, Portugal, Slovenia, Slovakia and Finland and the EU-27 include Belgium, Bulgaria, the Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Low Countries, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and the United Kingdom.

Eurostat Also informs that during the fourth quarter of 2011, the GDP of the United States increased 0,7% in comparison with the previous quarter (after 0,5% in the third quarter of 2011). In Japan, the GDP diminished 0,6% in the fourth quarter of 2011 (after +1,7%).

In comparison with the same quarter of the previous year, the GDP grew 1,6% in the United States (after +1,5% in the previous quarter), and diminished 1,0% in Japan (after -0,6%).