Euro area GDP growth stable in Q2 ’24

Euro area GDP increased by 0.3 per cent in the second quarter of 2024, seasonally adjusted, matching the growth rate from the first quarter, according to  a flash estimate published by Eurostat, the statistical office of the European Union on Wednesday.  The European Union (EU) also saw a 0.3 per cent increase in GDP during the same period.

Year-on-year, GDP increased by 0.6 per cent in the euro area and by 0.8 per cent in the EU during the second quarter of 2024. These figures represent a slight uptick from the previous quarter, when GDP had grown by 0.5 per cent in the euro area and by 0.6 per cent in the EU.

Attribution: Eurostat

Subediting: Y.Yasser