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Eurozone Q2 preliminary GDP +0.1% vs 0.0% q/q expected

  • Prior +0.6%

The euro area economy squeezes out marginal growth in Q2 with France and Spain being the ones that outperformed while Italy and Germany struggled. Relative to a year ago, the economy is at least seen expanding by 1.4% and that beat estimates of 1.2%. This won’t do much to change ECB expectations for now as all eyes are more on what will happen to the economy next in light of the latest trade deal with the US.

This article was written by Justin Low at investinglive.com.

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