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Household final consumption expenditure had negative contributions to GDP growth in both the euro area and the EU (-0.1 percentage points – pp for the euro area and -0.2 pp for the EU). The contributions from government final expenditure were negative for both zones (-0.3 pp for the euro area and -0.2 pp for the EU). The contributions of gross fixed capital formation were positive for the euro area and for the EU (+0.1 pp for both zones). The contributions from the external balance were positive (+0.7 pp for the euro area and +0.8 pp for the EU). The contributions from changes in inventories were negative for the euro area and for the EU (-0.4 pp for both). | Household final consumption expenditure had negative contributions to GDP growth in both the euro area and the EU (-0.1 percentage points – pp for the euro area and -0.2 pp for the EU). The contributions from government final expenditure were negative for both zones (-0.3 pp for the euro area and -0.2 pp for the EU). The contributions of gross fixed capital formation were positive for the euro area and for the EU (+0.1 pp for both zones). The contributions from the external balance were positive (+0.7 pp for the euro area and +0.8 pp for the EU). The contributions from changes in inventories were negative for the euro area and for the EU (-0.4 pp for both). | ||
== References == |