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QUARTERLY ACCOUNTS Expenditure Side First Quarter 2001 . Roberto BARCELLAN in focus Growth of GDP, Volume index, 1995=100 125 ****** 120 ECONOMY AND FINANCE 115 < 110 THEME 2 - 31/2001 Λ··^ 105 *Δ^ΙΔΔΛΔΔΔΔΔ NATIONAL ACCOUNTS A0yuuu 100 Contents 95 1995 1996 1997 1998 1999 2000 Euro-zone, EU15, Member O EUR-12 I EU-15 «US Δ JP States and the main partners of the European Union Eurostat's estimates (1) concerning the first quarter of 2001 show that the Development of GDP and growth of GDP slightly slowed in comparison with the previous quarter both in expenditure components 2 the euro-zone (2) and in the European Union as a whole (EU15), reaching 0.5 % in both zones (+ 0.6 % each in the fourth quarter of 2000). Percentage change over previous period - at constant These results are explained mainly by the strong downturn in exports growth prices 3 (+0.0 and +0.1 of the GDP variation for the euro-zone and for the EU15, respectively), but also by the decline in investments (-0.1 of the GDP Percentage change over the variation for both areas). The final consumption expenditure of households, same period of the previous though, accelerated slightly (+ 0.2 of the GDP variation for both areas). year - at constant prices 4 With regard to the main partners of the EU, the economy of the United States recorded a new downturn in the first quarter of 2001, its GDP recording a Contribution of components to 0.3 % growth, compared to 0.



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