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Eurozone GDP Growth Confirmed At 0.1%

By Renju Jaya   ✉  | Published:  | Google News Follow Us  | Join Us
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The eurozone economy registered a marginal growth in the second quarter, as initially estimated, as growth in consumption was partially offset the decline in investment, official data showed Friday.

In the revised report, Eurostat confirmed that gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter.

On a yearly basis, economic growth slowed to 1.5 percent, which was bigger than the initial estimate of 1.4 percent. This followed a 1.6 percent rise in the first quarter.

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