GDP growth in the euro area accelerated in the second quarter

The euro area economy expanded as initially estimated in the second quarter with better contribution from individual economies.

Gross domestic product grew 0.6 percent quarter-on-quarter, slightly faster than the 0.5 percent increase seen in the first three months of the year, the latest flash estimate from Eurostat showed Wednesday.

The agency thus confirmed its preliminary estimate released on 1 August. (MTI)