Eurozone Q2 GDP Growth Holds at 0.4% in Flash Estimate
Eurostat’s flash estimate shows eurozone GDP expanded 0.4% quarter-on-quarter in Q2, unchanged from the preliminary reading.
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Eurostat’s flash estimate shows the eurozone economy expanded by 0.4% quarter-on-quarter in the second quarter of this year, matching the preliminary figure.
The reading indicates that the bloc’s GDP growth rate was unchanged from the initial flash release. According to the available data, no revision was reported for the period, leaving the quarterly expansion steady.
The release is part of the euro area’s national accounts statistics. Currency market participants may monitor it for signals about the region’s growth momentum and potential implications for the euro.
Source: FXStreet Forex News