• Eurozone's revised GDP climbs 0.4% in second quarter

Market news

8 September 2015

Eurozone's revised GDP climbs 0.4% in second quarter

Eurozone's revised gross domestic product (GDP) rose 0.4% in second quarter, up from the preliminary reading of a 0.3% increase, after a 0.5% gain in the first quarter. The first quarter's reading was revised up from a 0.4% rise.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 1.5% in second quarter, up from the preliminary reading of a 1.2% gain, after a 1.0% rise in the first quarter.

Household spending gained 0.4% in the second quarter, while gross fixed capital formation was down 0.5%.

Exports climbed to 1.6% in the second quarter, while imports rose to 1.0%.

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