Economic Indicators
Eurozone GDP Increases by 0.6% in Second Quarter – Eurostat
2022.08.17 12:30
By Scott Kanowsky
Investing.com — Growth in the Eurozone slowed slightly in the second quarter, according to preliminary data from Eurostat.
Seasonally adjusted Gross domestic product in the common currency area rose by 0.6% during the period, down from 0.7% in the prior quarter. Economists had forecast the reading to remain steady at 0.7%.
On an annual basis, Eurozone GDP increased by 3.9% from 4.0%, also below expectations.
