BRUSSELS, Oct. 30 (Xinhua) -- The 19-member eurozone's seasonally adjusted gross domestic product (GDP) increase by 12.7 percent and that of the whole European Union (EU) by 12.1 percent in the third quarter (Q3) of 2020, compared to the previous quarter, according to a preliminary flash estimate released by Eurostat, the EU's statistical office, on Friday.
The increases were by far the sharpest recorded since the time series started in 1995, said Eurostat. The rebound followed a drastic slowdown in the second quarter, when GDP decreased by 11.8 percent in the eurozone and by 11.4 percent in the EU.
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