Euro Zone Second Quarter GDP Rises 0.4%, Beating Consensus

Euro Zone Second Quarter GDP Rises 0.4%, Beating Consensus

Aug 14, 2018

Gross domestic product (GDP) in the euro zone registered stronger-than-expected growth in the second quarter, according to official data released on Tuesday.

In a report, Eurostat said that GDP rose a seasonally adjusted 0.4% in the April to June period.

Economists had expected growth to remain unchanged at the initial 0.3% advance.

Year-on-year, GDP in the single currency bloc rose 2.2% in the second quarter.

That also beat expectations for it to go unrevised at the initial 2.1% expansion.

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