Home Banking Euro area Q1 GDP growth upwardly revised at 0.6%QoQ driven by domestic demand (Wednesday, June 08, 2016)

Euro area Q1 GDP growth upwardly revised at 0.6%QoQ driven by domestic demand (Wednesday, June 08, 2016)

by admin
Dr. Platon Monokroussos,  Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A

Global Economic & Market Outlook – Focus Notes (Wednesday, June 8, 2016)

Euro area Q1 GDP growth upwardly revised at 0.6%QoQ driven by domestic demand

According to the final estimate published by Eurostat, 1 real GDP growth on a seasonally adjusted basis (sa) came in at 0.6%QoQ (1.7%YoY) in the euro area (EA19) in Q1 2016, accelerating from 0.4%QoQ in the previous quarter. The highest rates of growth in core EA countries were recorded in Spain and Austria (both +0.8%) and Germany (+0.7%), while a negative rate of growth was registered in Greece (-0.5%).

Viewers can log herebelow and read the full report:

GLOBAL FOCUS NOTE_JUNE8_EA GDP

You may also like

Leave a Comment