Eurozone GDP increased by 0.1% in the second quarter

Eurozone economy grew by 0.1% in the second quarter of 2023 Compared to the previous three months, it’s the same figure as the first tranche of the year Eurostat confirmed on Thursday.

On your side, throughout the European Union, GDP remained steady between April and JuneAfter 0.2 percent growth in the first quarter. Compared to the second quarter of 2022, GDP increased by 0.5% in the Eurozone and 0.4% in the EU.

Among EU countries for which data are available, corresponded to the highest quarterly growth rate Lithuania (2.9%)It ranks ahead of Slovenia (1.4%) and Greece (1.3%). By contrast, the worst performing countries in the quarter were Poland (-2.2%), Sweden (-0.8%) and Austria (-0.7%).

Between April and June among major EU economies, Germany StopedAfter shrinking 0.1% in the first quarter France accelerated its expansion GDP fell by 0.4% in Italy after growing 0.6% in the first quarter.

In the case of Spain, GDP growth fell to 0.4% in the second quarter From 0.5% in the first three months of 2023.

Thus, GDP growth in the Eurozone returned to normal. significantly less United States of AmericaA 0.5% increase was recorded in both the first quarter and the second quarter.

Source: Informacion

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