This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-33925852
The article has changed 5 times. There is an RSS feed of changes available.
| Version 3 | Version 4 |
|---|---|
| Eurozone economy grows by 0.3% | Eurozone economy grows by 0.3% |
| (35 minutes later) | |
| The economies of the 19 countries that use the euro grew by about 0.3% between April and June, according to official figures. | |
| The first estimate from Eurostat marks a slight slowdown from the 0.4% registered in the first quarter. | |
| The statistics agency also announced that inflation in the eurozone was 0.2% in July, unchanged from June's figure. | The statistics agency also announced that inflation in the eurozone was 0.2% in July, unchanged from June's figure. |
| Earlier, it was announced that France's economy did not grow at all between April and June. | Earlier, it was announced that France's economy did not grow at all between April and June. |
| But growth in the first three months of the year was revised up from 0.6% to 0.7%, the statistics office Insee said. | But growth in the first three months of the year was revised up from 0.6% to 0.7%, the statistics office Insee said. |
| The German economy grew 0.4%, up from 0.3% in the first quarter. Italy's economy grew 0.2%, slowing from 0.3% the previous quarter. | The German economy grew 0.4%, up from 0.3% in the first quarter. Italy's economy grew 0.2%, slowing from 0.3% the previous quarter. |
| In the wider 28-member EU, GDP grew 0.4%, which was unchanged from the previous quarter, while inflation was 0.1% in July, unchanged from June. | |
| Eleven member states reported deflation in the month, with Cyprus recording the biggest drop at -2.4%. Malta reported the most inflation at 1.2%. | |
| Strong exports | Strong exports |
| French finance minister Michel Sapin said his country's economy was still on track to reach the government's forecast of 1% growth for the year. | |
| He highlighted strong exports, which grew 1.7% in the quarter, having grown 1.3% in the previous quarter. | He highlighted strong exports, which grew 1.7% in the quarter, having grown 1.3% in the previous quarter. |
| Growth in consumption by households slowed sharply from 0.9% to 0.1%, while production of goods and services contracted slightly. | Growth in consumption by households slowed sharply from 0.9% to 0.1%, while production of goods and services contracted slightly. |
| Exports also grew strongly in Germany, helped by the weaker euro. | Exports also grew strongly in Germany, helped by the weaker euro. |
| Finland's economy recorded a second quarter of contraction, down 0.4% having recorded negative growth of 0.1% in the first quarter. | Finland's economy recorded a second quarter of contraction, down 0.4% having recorded negative growth of 0.1% in the first quarter. |
| On Thursday, preliminary figures from Greece suggested its economy grew a considerably better-than-expected 0.8% in the second quarter, while the first quarter's figure was revised from a 0.2% contraction to zero growth. | On Thursday, preliminary figures from Greece suggested its economy grew a considerably better-than-expected 0.8% in the second quarter, while the first quarter's figure was revised from a 0.2% contraction to zero growth. |