Brussels:In the third quarter of 2026, the European Union (EU) experienced a seasonally adjusted GDP increase of 0.5%, while the euro area saw a 0.4% rise compared to the previous quarter. This information comes from a flash estimate published by Eurostat, the statistical office of the European Union. In the preceding quarter, the GDP growth was recorded at 0.6% for the euro area and 0.7% for the EU.

According to Emirates News Agency, year-on-year comparisons show the seasonally adjusted GDP rose by 1.3% in the euro area and 1.5% in the EU during the third quarter of 2026. This follows a previous quarter increase of 1.2% in the euro area and 1.4% in the EU.

In the United States, GDP growth for the third quarter of 2026 was marked at 0.8% compared to the previous quarter, following a 0.6% increase in the second quarter. Year-on-year growth stood at 2.1%, slightly down from 2.2% in the prior quarter.

Employment figures for the third quarter of 2026 remained stable in both the euro area and the EU compared to the previous quarter. In contrast, the second quarter of 2026 had seen a 0.1% rise in employment in both regions. Year-on-year employment in the third quarter increased by 0.4% in both the euro area and the EU, following a 0.5% increase in the euro area and a 0.4% rise in the EU in the previous quarter.