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- Eurozone GDP growth slowed in the second quarter
Eurozone GDP growth slowed in the second quarter
According to a preliminary flash estimate published by Eurostat, seasonally adjusted GDP rose by 0.2% in both the euro area (EA19) and the EU28 during the second quarter of 2019, compared with the previous quarter. In the first quarter of 2019, GDP had grown by 0.4% in the euro area and by 0.5% in the EU28.
Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.1% in the euro area and by 1.3% in the EU28 in the second quarter of 2019. Economists had expected a 1.0% increase in the euro area. In the previous quarter, GDP had grown by 1.2% in the euro area and by 1.6% in the EU28.
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