The Eurozone economy expanded by 0.3% on a quarterly basis in the three months to June of 2023, matching the 0.1% estimates and growing at the same pace registered in the first quarter of 2023, the preliminary release published by Eurostat showed on Wednesday.
The bloc’s GDP rate grew by an annual rate of 0.6% in Q2 vs. 0.6% recorded in Q1 while meeting 0.6% expectations.
Meanwhile, the second quarter Preliminary Employment Change data for the old continent came in at 0.2% and 1.5% on a quarterly and yearly basis respectively.
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