Eurozone Q2 final GDP +0.1% vs +0.3% q/q second estimate | Forexlive
The negative revisions paints an even bleaker picture for the euro area economy as even Q2 growth was marginal at best. Looking at the breakdown:
- Household consumption flat
- Government expenditure +0.1%
- Gross fixed capital formation +0.1%
- External balance -0.4%
- Changes in inventories +0.4%