Eurozone Q2 GDP Flash Estimate Falls 12.1% Quarter-on-Quarter, 15.0% Year-on-Year

Macro Impact 4
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Summary · why it matters

The Eurozone's preliminary GDP for the April-to-June quarter contracted by 12.1 percent from the previous quarter and by 15.0 percent from the same period a year earlier. The result reflects a sharp downturn in economic activity due to the COVID-19 pandemic. The data was released by the European Union's statistics office on the 30th.

Impact on stocks 0