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01:36
Eurozone GDP up 0.3 pct in Q2
STORY: Eurozone GDP up 0.3 pct in Q2
SHOOTING TIME: FILE
DATELINE: July 31, 2024
LENGTH: 00:01:36
LOCATION: Brussels
CATEGORY: ECONOMY
SHOTLIST:
1. various of European Commission
2. various of process of money printing
3. various of gas station and cars refueling
4. various of people withdrawing money
STORYLINE:
Seasonally adjusted GDP increased by 0.3 percent in both the eurozone and the European Union (EU) area in the second quarter of 2024, compared with the previous quarter, according to preliminary data released on Tuesday by Eurostat.
In the first quarter of 2024, GDP had also grown by 0.3 percent in both regions, reported the statistical office of the EU.
Germany's output contracted by 0.1 percent in the second quarter, according to Eurostat data. France and Spain experienced growth of 0.3 percent and 0.8 percent, respectively. The highest growth rate was recorded in Ireland, with a 1.2 percent increase in the second quarter. Conversely, Latvia experienced a notable decline of -1.1 percent, with Sweden and Hungary also reporting negative growth.
Xinhua News Agency correspondents reporting from Brussels.
(XHTV)
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