Eurozone growth slows to 0.3% from 0.4%

GMT 09:16 2015 Friday ,14 August

Arab Today, arab today Eurozone growth slows to 0.3% from 0.4%

Eurozone
Brussels - Arab Today

Growth in the 19-nation eurozone slowed slightly in the second quarter to 0.3 percent, coming in at the bottom end of analyst forecasts, official data showed Friday.

The economy had expanded 0.4 percent in the three months to March, continuing a modest recovery. But recent data has shown inflation and unemployment little changed despite a massive European Central Bank stimulus programme.

Analysts had expected second quarter growth to come in at 0.3-0.4 percent.

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