Eurozone GDP grew 0.2% qoq in Q2, unchanged from Q1, matched expectations. Annually, GDP rose 1.1%. For EU 28, GDP grew 0.2% qoq, 1.3% yoy. Eurozone employment rose 0.2% qoq, below expectation of 0.3%. EU28 employment rose 0.2% qoq.
Also released, Eurozone industrial production dropped -1.6% mom in May, worse than expectation of -1.4% mom. Production of capital goods fell by 4.0%, non-durable consumer goods by 2.8%, durable consumer goods by 1.2%,intermediate goods by 0.8% and energy by 0.2%
