Eurozone Q2 GDP Growth Accelerates to 0.4%, Beating Forecasts
businessmacroeconomicsworldeurope 4 posts · 3 accounts
The eurozone’s second-quarter gross domestic product expanded by 0.4% on a quarter-to-quarter basis in the preliminary flash estimate, beating forecasts for 0.2% growth and recovering from a 0.2% contraction in the prior period.
On a yearly basis, preliminary GDP data increased 1.0%, surpassing the 0.7% forecast and following a 0.3% advance in the previous period.
From the sources (4 posts)
@firstsquawkEUROZONE GDP (QOQ) (Q2) ACTUAL: 0.4% VS -0.2% PREVIOUS; EST 0.2%
@financialjuice🔴 ⚠️ BREAKING: EUROZONE GDP QOQ PRELIM FLASH ACTUAL 0.4% (FORECAST 0.2%, PREVIOUS -0.2%) $MACRO
@financialjuice🔴 EUROZONE GDP YOY PRELIM FLASH ACTUAL 1.0% (FORECAST 0.7%, PREVIOUS 0.3%) $MACRO
@wallstengineEURO 🇪🇺 AREA 2Q GDP RISES 0.4% Q/Q; EST. +0.2%