The euro area economy came out of a record long recession in the second quarter as a sustained recovery by France and Germany led the way. GDP s.a q/q rose 0.3% in Q2 from -0.2% versus consensus for 0.2% amid the first real signs of sustained calm in financial markets since the start of the sovereign debt crisis. GDP s.a y/y was -0.7%, from -1.1% and against a forecast for -0.8%.
IMOH, Clement I.
+234 802 905 9344
+234 703 569 1707
No comments:
Post a Comment