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GDP in EU, eurozone up 0.6 percent in 2nd quarter

BRUSSELS
2017-08-02 09:23

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The preliminary flash estimate of the GDP in the second quarter of 2017 grew by 0.6 percent over the quarter before in both the eurozone and the EU28, marking a 2.1 percent and 2.2 percent rise year on year respectively, Eurostat said on its website Tuesday.

Compared with the first quarter, the seasonally adjusted GDP rose by 0.6 percent in the eurozone and the EU28 (including Britain) in the second quarter of 2017, said Eurostat in a report published on its website.

The first quarter witnessed a 0.5-percent GDP climbing in both zones compared with the fourth quarter of 2016, said Eurostat.
On a year-on-year basis, the seasonally adjusted GDP rose by 2.1 percent in the eurozone and by 2.2 percent in the EU28 in the second quarter, said the EU's statistical office.
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