Eurozone reduces speed and grows 0.2% in the second quarter
Year-on-year the eurozone economy rised 1.1% according to the last data published today by the European Statistics Office, Eurostat.
Economy in the eurozone cools down. The Gross Domestic Product (GDP) of the eurozone continues on the low after it registered a growth of only 0.2% during the second quarter of the year, compared to the 0.4% in the fist quarter.
Year-on-year, the eurozone economy grew between April and June 1.1%, two pointers less than the start of the year. As for the European Union, the growth was 0.2% compared to the previous month and 1.1% compared to the previous year.
Spain continues to be one of the countries with the biggest rise in Europe, with a rise of 0.5% in its GDP. However, the rise is slower than the one registered on the fist quarter, when it grew 0.7%.
Denmark is other of the countries that more grows in the region, with a growth of 0.8% compared to the same period last year. Italy is stuck and France has grown a light 0.2%.
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