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2016.07.2905:11:00UTC+00Eurozone Economic Growth Slows In Q2

Eurozone economic growth eased in the second quarter, flash estimate from Eurostat showed Friday.

Gross domestic product climbed 0.3 percent from the first quarter, when it grew 0.6 percent. The rate came in line with expectations. A similar slower growth was last seen in the third quarter of 2015.

On a yearly basis, economic growth eased marginally to 1.6 percent from 1.7 percent. It was expected to grow 1.5 percent.

The EU28 economy expanded 0.4 percent on a sequential basis and by 1.8 percent from same period of last year.

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