Europe: Revised GDP

Thursday, 6 September 2012 06:01

The economy of euro area in the second quarter of 2012 shrank by 0.2% comparing with last three months- announced the statistical office Eurostat in the second calculation.
Year on year GDP in the euro area fell in the second quarter by 0.5%, while in the first quarter did not change.

The fall in GDP in both cases came is in line with expectations.