Economic growth in the euro area and the EU slowed in the second quarter
Economic growth slowed in the European Union and the euro area in the second quarter. According to revised but not yet definitive data, Hungary achieved the highest economic growth in both quarterly and annual terms in the three months lasted at the end of June.
According to data released by the European Union Bureau of Statistics (Eurostat) on Friday, the seasonally adjusted gross domestic product (GDP) in the euro area and in the European Union increased by 0.2 percent in the three months under review. (MTI)
Related news
Eurozone retail sales fell month-on-month, but rose year-on-year in May
Retail sales in the eurozone and the European Union fell…
Read more >The European Commission has authorised the import of genetically modified soybeans into the EU
The European Commission has authorised the import of genetically modified…
Read more >Divisive deal: EU import quota for Ukrainian agricultural products increases
The European Union has signed a new agreement with Ukraine…
Read more >Related news
Extreme summer, record heat: this is how chain stores are reacting to the heat
Budapest has never experienced such a high temperature as this…
Read more >K&H: Middle-aged people perceive inflation to be much more severe than the actual data shows
The inflation perception of middle-aged Hungarians continues to far exceed…
Read more >Inflation rose again in June – rising fruit prices are pushing up prices
Annual inflation rose to 4.6 percent in June, compared to…
Read more >