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The eurozone's gross domestic product (GDP) grew by 0.3 percent in the second quarter of 2023 compared to the previous quarter, according to a flash estimate published on Monday by Eurostat, the stati
Economic growth in the eurozone rebounded in the second quarter, data showed Monday, but concerns remain over inflation that is slowing yet still stubbornly high, and over stagnation in the German economy.There will be further concerns over the health of Germany's economy as inflation remains high, reaching 6.5 percent in July, Eurostat said, down slightly from 6.8 percent in June. raz/rmb/js
Economic growth in the eurozone rebounded in the second quarter, data showed Monday, but concerns remain over inflation that is slowing yet still stubbornly high, and over stagnation in the German economy.
Despite falling inflation and surprisingly strong growth figures, economists still fear a recession could be in the cards for the ero zone.
In the eurozone, official figures show inflation eased to 5.3% in July from 5.5% the previous month