20/2023 - 14 February 2023 GDP and employment flash estimates for the fourth quarter of 2022

20/2023 - 14 February 2023 GDP and employment flash estimates for the fourth quarter of 2022 GDP up by 0.1% and employment up by 0.4% in the euro area In the EU, GDP stable and employment up by 0.4% GDP growth in the euro area and EU In the fourth quarter of 2022, seasonally adjusted GDP increased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according. [...] Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.9% in the euro area and by 1.8% in the EU in the fourth quarter of 2022, after +2.3% in the euro area and +2.5% in the EU in the previous quarter. [...] Employment growth in the euro area and EU The number of employed persons increased by 0.4% both in the euro area and in the EU in the fourth quarter of 2022, compared with the previous quarter. [...] Compared with the same quarter of the previous year, employment increased by 1.5% in the euro area and by 1.3% in the EU in the fourth quarter of 2022, after +1.8% in the euro area and +1.5% in the EU in the third quarter of 2022. [...] The GDP estimates of the fourth quarter 2022 are based on Member States’ data covering 98% of the EA and the EU GDP, while employment estimates are based on Member States’ data covering 96% of the EA and 93% of the EU total employment.