Now, European countries have reported the status of GDP in first quarter of 2010. In some countries the situation is better and in some worse. Some countries also experience an unchanged situation. Here, we will summarize the countries where the GDP has risen.
In the UK, the country´s GDP rose by 0.3 percent compared to the previous quarter. The private consumption was unchanged, but the public consumption rose by 0.5 percent. Exports were the same as the previous quarter, but imports increased quite a lot (1.4 percent).
Germany's GDP rose by 0.2 percent in the first quarter of 2010. Expectations before the result was released was that the figure would be unchanged. This slightly positive result have occurred due to an increase in exports and industry investments.
In France, the GDP rose by 0.1 percent compared to the previous quarter.
In Italy, the GDP rose by 0.5 percent compared to the previous quarter.
Finally, GDP rose by 0.1 percent in Spain.
Cecilia Helland
Source
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