Eurozone Second Quarter GDP First Estimate: Summary

By Kristian Siedenburg

Sept. 3 (Bloomberg) -- Following is the summary of the second quarter GDP estimate from Eurostat in Luxembourg:

=========================================================================
                         2Q    1Q    4Q    3Q      2Q     1Q    4Q    3Q
                       2008  2008  2007  2007    2008   2008  2007  2007
=========================================================================
                       ------------------- Eurozone---------------------
                       ----------QoQ---------    ---------YoY-----------
GDP first estimate     -0.2%  0.7%  0.4%  0.6%    1.4%   2.1%  2.1%  2.6%
revised from
GDP flash estimate    -0.2%  0.7%  0.4%  0.6%    1.5%   2.1%  2.2%  2.7%
=========================================================================
H'hold spending        -0.2%  0.0%  0.2%  0.4%    0.4%   1.2%  1.2%  1.8%
Govt spending           0.5%  0.3%  0.3%  0.5%    1.7%   1.3%  2.1%  2.5%
Gross fixed
capital form.         -1.2%  1.5%  1.1%  0.9%    2.4%   3.7%  3.2%  3.7%
Exports                -0.4%  1.8%  0.4%  1.8%    3.6%   5.4%  4.1%  7.3%
Imports                -0.4%  1.9% -0.4%  2.2%    3.4%   4.7%  4.0%  6.5%
=========================================================================
                         2Q    1Q    4Q    3Q      2Q     1Q    4Q    3Q
                       2008  2008  2007  2007    2008   2008  2007  2007
=========================================================================
                       ------------------- EU27-------------------------
                       ----------QoQ---------    ----------YoY----------
GDP first estimate     -0.1%  0.6%  0.5%  0.6%    1.6%   2.3%  2.5%  2.9%
revised from
GDP flash estimate     -0.1%  0.7%  0.7%  0.5%    1.7%   2.3%  2.9%  2.5%
=========================================================================
H'hold spending        -0.1%  0.2%  0.3%  0.6%    1.0%   1.7%  1.8%  2.4%
Govt spending           0.5%  0.3%  0.4%  0.5%    1.6%   1.4%  2.1%  2.4%
Gross fixed
capital form.         -1.6%  0.9%  1.4%  1.4%    2.0%   3.6%  4.1%  4.5%
Exports                -0.4%  1.8%  0.7%  1.8%    3.9%   5.4%  4.3%  6.9%
Imports                -0.5%  1.6% -0.3%  2.7%    3.6%   4.7%  4.7%  7.1%
=========================================================================
Notes:
Percentage change compared to the same quarter of the
previous quarter is calculated from seasonally adjusted data.
Percentage change compared to the same quarter of the
previous year is calculated from non-seasonally adjusted data.

SOURCE: Eurostat

To contact the reporter on this story: Kristian Siedenburg in Budapest at ksiedenburg@bloomberg.net