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Q2 Y/Y GDP Revised higher, Q/Q........>

EUROZONE DATA
MNI (London)
EUROZONE DATA: Q2 Y/Y GDP Revised higher, Q/Q unchanged
EZ GDP +0.2% Q/Q, +1.2% Y/Y
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Annualised GDP received a modest bump higher from the flash data, up 1.2% in the
period versus a flash read of 1.1%. Q/Q data was unrevised at 0.2%. According to
Eurostat data, final household consumption was up 0.2% in Q2, with a positive
contribution to GDP of 0.1%. Changes in inventory had a negligible pp impact on
final GDP, the data showed. There was little new in the data for the ECB,
although an upward revision to the Y/Y data will certainly be welcome.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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