Eurozone 2Q GDP Up 0.6%... In Line with Expectations
The Eurozone (20 countries using the euro) saw its second-quarter gross domestic product (GDP) grow by 0.6% compared to the same period last year. It increased by 0.3% from the previous quarter.
On the 14th, the European Union (EU) statistical office announced that the Eurozone's second-quarter GDP rose by 0.6% year-on-year. This matched the forecast and exceeded the previous figure of 0.4%.
Compared to the previous quarter, it also increased by 0.3%, which was in line with expectations.
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Previously, the Eurozone experienced technical recession after recording negative growth rates for two consecutive quarters in the third and fourth quarters of last year.
This content was produced with the assistance of AI translation services.
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