Eurozone Q2 GDP growth was finalized at 0.2% qoq, unrevised, down from Q1’s 0.4% qoq. EU 28 GDP growth was finalized at 0.2 qoq, down from Q1’s 0.5% qoq.
Among Member States for which data are available, Hungary (+1.1%) recorded the highest growth compared with the previous quarter, followed by Romania (+1.0%) and Bulgaria, Denmark, Greece, Cyprus, Lithuania and Poland (all +0.8%). Decreases were observed in the United Kingdom (-0.2%), Germany and Sweden (both -0.1%), while in Italy, stagnation was observed.
Household final consumption expenditure rose by 0.2% in the Eurozone and by 0.3% in the EU28 (after +0.4% in both zones in the previous quarter). Gross fixed capital formation increased by 0.5% in the euro area and by 0.4% in the EU28 (after +0.2% and +0.5% respectively). Exports did not change in the euro area and decreased by 0.3% in the EU28 (after +0.9% in both zones). Imports increased by 0.2% in the euro area and decreased by 1.4% in the EU28 (after +0.4% and +1.6%).
