[Asia Economy Reporter Bu Aeri] The Eurozone's Gross Domestic Product (GDP) for the second quarter fell by 12.1% compared to the previous quarter.
Eurostat, the statistical office of the European Union (EU), announced on the 31st that the Eurozone's second-quarter GDP recorded -12.1%. This figure meets market expectations. The first-quarter GDP was -3.6%.
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Spain and Italy's GDP also declined compared to the previous quarter. Spain's second-quarter GDP recorded -18.5%, and Italy's second-quarter GDP recorded -12.4%.
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