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MNI: EUROZONE DATA: Flash GDP (Q2 2019)..............>

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MNI: EUROZONE DATA: Flash GDP (Q2 2019)
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- Flash GDP (Q2): 0.2% q/q, 1.1% y/y; Prev (Q1): 0.4% q/q, 1.2% y/y 
- Flash GDP data unrevised from preliminary flash 
- EZ economic growth decelerated by 0.2pp compared to Q1, reverting back to the
pace of growth seen in H2 2018... 
- ... and leaving the annual rate at a 22-month low 
- Across the larger member states, q/q growth slowed in Germany (-0.1% from 0.4%
in Q1), Italy (0.0% after 0.1% in Q1), Spain (0.5% following 0.7% in Q1) &
France (down 0.1pp to 0.2%)...
- ... while it held steady in Cyprus (0.7%), the Netherlands (0.5%) & Portugal
(0.5%)...
- ... and accelerated in Finland (0.9% after 0.5% in Q1)
- Forward-looking indicators - incl sentiment surveys & ind orders - suggest
that economic growth will remain subdued in the second half of the year... 
- ... with the ECB set to deploy further stimulus in September 

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