EMU: GDP expands 0.7% in Q2

FXStreet (Łódź) - On an annual basis Eurozone GDP increased 0.7% in Q2, down from +0.9% registered the previous quarter, according to preliminary data released today by Eurostat. This result is in line with market consensus.

Quarter-over-quarter GDP remained flat in Q2, after growing 0.2% in Q1 and against expectations of climbing 0.1%.