Economic growth slowed in the second quarter in the euro area and in the EU
Economic growth both in the European Union and in the euro area slowed down significantly in the second quarter.
According to the first estimate released by the European Union Bureau of Statistics (Eurostat) on Wednesday, gross domestic product (GDP) in both blocks increased by 0.2 percent in April-June, seasonally adjusted.
In the first quarter, the economy grew at a much stronger pace than in the previous three months, with 0.4 percent in the 19 Member States of the euro area and with 0.5 percent in the 28 Member States of the Union. (MTI)
Related news
In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >OECD: Food price inflation fell sharply in most countries
The Paris-based Organization for Economic Cooperation and Development, the OECD,…
Read more >Euro zone inflation was 2.4 percent in April as well after March
In line with analysts’ expectations, annual inflation in the euro…
Read more >Related news
MPL – We don’t mind that it’s available, but we don’t necessarily choose it
As of March 28, 2024, online stores are obliged to…
Read more >The Hungarian beer market focuses on alcohol-free beers and the premium category
The Hungarian beer market is witnessing significant shifts, with non-alcoholic…
Read more >In April, the economic performance of the euro area expanded at the fastest rate in almost a year
In April, the economic performance of the euro zone expanded…
Read more >