Euro area GDP shrinks by 0.2%

UPDATE: GDP across the euro zone fell 0.2 per cent in the second quarter of this year, according to new estimates released by the European Union's statistics office.

14th August, 2012
Growth in the eurozone

Gross domestic product across the euro zone fell by 0.2 per cent in the second quarter of this year from the first three months, according to new estimates released by the European Union's statistics office.

In the first quarter of 2012, economic growth rates were 0.0 per cent in both zones.

Compared with the same quarter of the previous year, seasonally adjusted GDP fell by 0.4 per cent in the euro area and by 0.2 per cent in...

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