- Eurozone's growth slows down to 0.2% in Q2 – Rabobank
Market news
31 July 2019
Eurozone's growth slows down to 0.2% in Q2 – Rabobank
Rabobank's analysts note that the Eurozone growth slowed down to 0.2% q/q in 2019Q2, down from 0.4% q/q in 2019Q1.
- “Quarterly growth figures also slid in three out of the four Eurozone’s largest economies: Italy (0.0%), Spain (0.5%) and France (0.2%).
- Survey data indicates that growth in Q3 is unlikely to pick up.
- Overall, we expect the Eurozone to grow by 1.3% y/y in 2019, but risks are to the downside.”
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