Eurozone: GDP Grew Slightly

BusinessEconomy ♦ Published: August 14, 2013; 15:10 ♦ (Vindobona)

Euro area and EU27 GDP both up by 0.3% -0.7% and -0.2% respectively compared with the second quarter of 2012.

Eurozone: GDP Grew Slightly / Picture: © Wikimedia Commons [CC0 1.0] / Pixabay [CC0 Creative Commons]

GDP rose by 0.3% in both the euro area (EA17) and the EU27 during the second quarter of 2013, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union. In the first quarter of 2013, growth rates were -0.3% and -0.1% respectively.

Compared with the same quarter of the previous year, seasonally adjusted GDP…