Source: Eurostat
Preliminary flash estimate for the first quarter of 2021
GDP down by 0.6% in the euro area and by 0.4% in the EU
-1.8% and -1.7% respectively compared with the first quarter of 2020
In the first quarter 2021, seasonally adjusted GDP decreased by 0.6% in the euro area and by 0.4% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat, the statistical office of the European Union. These declines follow falls in the fourth quarter of 2020 (-0.7% in the euro area and -0.5% in the EU) after a …