Eu­ro­zone eco­nomic growth eases mod­estly in Q2 as France’s slow­down off­sets Ger­many’s sta­bil­ity

The China Post - - WORLD BUSINESS -

Eco­nomic growth in the 19-coun­try eu­ro­zone eased slightly in the sec­ond quar­ter of the year, of­fi­cial fig­ures showed Fri­day, as a sharp slow­down in France off­set a solid ex­portre­liant per­for­mance by Ger­many.

Euro­stat, the Euro­pean Union’s sta­tis­tics agency, said quar­terly eco­nomic growth across the re­gion was 0.3 per­cent, down slightly from the 0.4 per­cent recorded in the first three months of the year.

The de­cline was widely an­tic­i­pated across fi­nan­cial mar­kets.

The fig­ures high­lighted a grow­ing di­ver­gence be­tween the re­gion’s two big­gest economies.

Newspapers in English

Newspapers from Taiwan

© PressReader. All rights reserved.