Eurozone Preliminary GDP rises 0.3% QoQ in Q2, second estimate confirms

The Eurozone economy grew by 0..3% in the three months to June of 2024, the second estimate released by Eurostat showed on Wednesday.

The first readout showed that GDP in the old continent expanded by 0.3% in the same period.

The bloc’s GDP  rose at an annual rate of 0.6% in Q2 vs. 0.6%, as reported in the initial estimate while aligning with the market expectations.