Thursday, February 16, 2012

A look at the eurozone's growth rates (AP)

In the last three months of 2011, the 17-nation eurozone's economy suffered its first quarterly contraction since the second quarter of 2009. The figures are adjusted for seasonal factors.

Here's how the individual countries compare. Not all figures are in, and in the case of Greece, only annual unadjusted figures are available.

Q3/Q4 quarterly percentage change

Eurozone 0.1 -0.3

Austria 0.2 -0.1

Belgium -0.1 -0.2

Cyprus -0.8 0.0

Estonia 1.0 -0.8

Finland 0.9 0.0

France 0.3 0.2

Germany 0.6 -0.2

Greece n/a n/a

Ireland -1.9 n/a

Italy -0.2 -0.7

Luxembourg 0.6 n/a

Malta 0.3 n/a

Netherlands -0.4 -0.7

Portugal -0.6 -1.3

Slovakia 0.8 0.9

Slovenia -0.2 n/a

Spain 0.0 -0.3

United States 0.5 0.7

Japan 1.7 -0.6

Greece's economy contracted by 7 percent in the fourth quarter of 2011 compared to the same period the previous year.

Source: Eurostat.

Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/ap/20120215/ap_on_bi_ge/eu_europe_economy_glance

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