I=6
Euro area GDP rose 0.4% q/q in Q2, above 0.2% estimate
- Euro area GDP rose 0.4% q/q in Q2, above 0.2% estimate and compared to flat growth in Q1.
- Germany’s GDP rose 0.2% q/q, below 0.4% witnessed in Q1.
- On a yearly basis, Germany’s GDP rose 0.9% in Q2 versus 0.6% in Q1.
- Surging AI investment, strong government spending, and several one-off factors helped offset the negative impact of the Iran conflict and sharply higher energy costs.
