EU economic growth rates for Q3, 2018 (preliminary) - Slowdown !

[Tender Branson]

Q3, 2018 compared with Q3, 2017 (seasonally adjusted):

+5.7% Poland
+5.5% Latvia
+5.0% Hungary
+4.5% Slovakia
+4.1% Romania
+3.6% Cyprus
+3.0% Bulgaria
+2.7% Lithuania
+2.6% Austria
+2.5% Spain
+2.4% Netherlands
+2.3% Finland
+2.3% Czech Republic
+2.2% Denmark
+2.1% Portugal
+1.7% Belgium
+1.5% France
+1.5% UK
+1.2% Germany
+0.8% Italy

+1.7% Eurozone
+1.9% EU

+3.0% USA

No numbers available for Croatia, Estonia, Greece, Ireland, Luxembourg, Malta, Slovenia and Sweden yet.

Link

Growth has gone down by quite a bit in Germany, France and Italy during the year. Also in Spain, the Netherlands and Austria among the bigger economies, but they remain at a high level of growth.

It went up in Poland, Hungary, Denmark, Slovakia and the UK.

I find it interesting that Austria is still growing by 2.6%, despite the major slowdowns in Germany and Italy (our main trading partners). Probably because domestic consumption, which is still going strong here.