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Eurozone GDP rose by 0.6% in Q2

Wednesday, Aug 16 2017
Eurozone GDP rose by 0.6% in Q2

Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the second quarter of 2017, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2017, GDP grew by 0.5% in both zones.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 2.2% in the euro area and by 2.3% in the EU28 in the second quarter of 2017, after +1.9% and +2.1% respectively in the previous quarter. During the second quarter of 2017, GDP in the United States increased by 0.6% compared with the previous quarter (after +0.3% in the first quarter of 2017). Compared with the same quarter of the previous year, GDP grew by 2.1% (after +2.0% in the previous quarter).

More in this category: « UK Unemployment Rate fell to 4.4% U.S. Building Permits and Housing Starts down in July »

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