Headline Alert
Europe Update: Q2 GDP
Eurozone Q2 GDP was reported to have increased +1.9% on a year-over-year basis, which is up from the preliminary report of +1.7%
On a quarterly basis, the Eurozone Q2 GDP came in at +1.0%, which was in line with the initial report.
While not a strong report on an absolute basis, the data does support the ongoing recovery theme.
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