OUTPUT, DEMAND AND JOBS
|
Euro-area GDP grew at an annual rate of 3.7% in the second quarter; year-on-year growth increased to 3.8%. In Spain and Italy the annualised growth rates fell to 4.1% and 1.1%, respectively. America's industrial production rose by 0.3% in August. Unemployment in the Netherlands edged down slightly to 2.5% in August, reaching a new 20-year low.
This article appeared in the Economic & financial indicators section of the print edition under the headline “OUTPUT, DEMAND AND JOBS”