Off the wire
• "Japanese Doll" Ali Fukuhara adored by Chinese netizens though defeated  • Zambia's electoral body says still waiting for results from constituencies  • Roundup: Gas use in Kenya up 240 pct as low earners embrace the fuel  • Cypriot archaeologists unveil 4th century mosaic of multi-chariot race  • China's auto market maintains steady growth  • Kenya set to begin production of up to 4,000 oil barrels daily  • Kenyan bank enhances yuan trading capacity to meet growing market demand  • China's fiscal spending records near-zero growth in July  • Beijing closes scenic spots after heavy rains  • Xinhua China-related world news summary at 1030 GMT, Aug. 12  
You are here: 　 Home

1st LD: Eurozone Q2 GDP growth confirmed at 0.3 pct

Xinhua, August 12, 2016 Adjust font size:

Flash estimate of the seasonally adjusted gross domestic product (GDP) rose by 0.3 percent in the 19-country euro area, unchanged from the preliminary flash estimate at the end of last month, Eurostat said on Friday.

This figure has fallen back from 0.6 percent in the first quarter of the year while GDP of the European Union (EU) as a whole expanded by 0.4 percent quarter on quarter.

Germany, the largest economy in the single currency zone, revealed a slightly stronger-than-expected 0.4 percent increase, while Spain at 0.7 percent and the Netherlands at 0.6 percent.

However, France and Italy both recorded zero growth.

On a yearly basis, seasonally adjusted GDP rose by 1.6 percent in the euro area and by 1.8 percent in the EU in the second quarter. Endit