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Eurozone in recession as GDP down 0.1 pct in Q3 (2)

(Xinhua)

09:20, November 16, 2012

Year on year, the seasonally adjusted GDP fell by 0.6 percent and 0.4 percent respectively in the eurozone and the EU.

Among member states of the EU, Latvia and Estonia saw the highest quarterly growth of 1.7 percent, while Latvia saw the highest year-on-year growth of 5.3 percent.

Germany's third-quarter GDP growth was 0.2 percent compared with the second quarter, down from 0.3 percent between April and June. France also saw its economy swing back to growth of 0.2 percent after contracting 0.1 percent in the second quarter.

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