The country’s seasonally- and calendar-adjusted, chained volume measure of gross domestic product (GDP) in the month decreased by 0.1 per cent with respect to the previous quarter. In 2022, the GDP growth rate was 3.9, higher than euro area average growth rate.
On the supply side, after three consecutive falls industrial production increased by 1.6 per cent in December. However, in the fourth quarter of 2022, the index decreased by 0.9 per cent with respect to the previous three months.
In December, the number of employed and unemployed people increased, while a drop was recorded for inactive persons. The employment rate grew to 60.5 per cent during that month, while the unemployment rate remained unchanged at 7.8 per cent.
ALCHEMPro News Desk (DS)
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