of the year, according to data from the european statistical agency Eurostat published today.
The Eurostat announced that the Gross Domestic Product (GDP) in the eurozone grew in the second quarter by 0.3% on a quarterly basis and by 1.6% on an annual basis, confirming the initial estimates announced in late July. The figures matched the average estimate of economists in a survey of Reuters.
In the first quarter, the GDP of the eurozone rose by 0.6% on a monthly basis and by 1.7% on an annual basis.
The GDP of the European Union rose in the second quarter by 0.4% on a quarterly basis and by 1.8% on an annual basis.
What show the data of Eurostat for economic growth in the Euro zone
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