Financial News: Eurozone GDP Growth Confirmed At 0.4%

Eurozone GDP Growth Confirmed At 0.4%

08/14/2026 - 06:15:00 (RTTNews)

(RTTNews) - The euro area economy expanded in the second quarter despite headwinds posed by the Middle East war, official data showed Friday.

Gross domestic product registered 0.4 percent sequential growth in the second quarter after posting flat growth in the first quarter. Eurostat confirmed the preliminary estimates published on July 30.

On a yearly basis, economic growth doubled to 1.0 percent, as estimated, from 0.5 percent in the preceding period.

Data today showed that employment grew at a steady pace of 0.1 percent in the second quarter. Likewise, the annual increase in employment was stable at 0.5 percent.

The EU27 expanded at a pace of 0.5 percent sequentially in the second quarter, faster than the 0.1 percent increase a quarter ago. The annual GDP growth improved to 1.2 percent from 0.8 percent. The second quarter GDP figures matched estimates.

The statistical office is set to release revised data on September 7.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Services PMI Rises To Six-Month High In August (47 min(s), 18 sec(s) ago)
(RTTNews) - Service sector growth in the U.S. accelerated more than expected in the month of Augus ...Full Story»

U.S. Trade Deficit Widens To Largest Since March 2025 In July (01 hr(s), 32 min(s), 18 sec(s) ago)
(RTTNews) - Reflecting a jump in imports and a slump in exports, the Commerce Department released ...Full Story»

Croatia Industrial Output Growth Hits 8-month High (01 hr(s), 35 min(s), 18 sec(s) ago)
(RTTNews) - Croatia's industrial output expanded at the fastest pace in eight months in July, ...Full Story»

U.S. Weekly Jobless Claims Inch Slightly Higher (02 hr(s), 0 min(s),18 sec(s) ago)
(RTTNews) - First-time claims for U.S. unemployment benefits crept slightly higher in the week end ...Full Story»

Cyprus Inflation Highest Since September 2023 (02 hr(s), 16 min(s), 18 sec(s) ago)
(RTTNews) - Cyprus' consumer price inflation accelerated in August to the highest level in nea ...Full Story»

UK Services Activity Growth Accelerates (02 hr(s), 35 min(s), 18 sec(s) ago)
(RTTNews) - The UK services activity grew at the fastest pace in four months in August reflecting ...Full Story»

Turkey Inflation Eases To 5-month Low In August (02 hr(s), 37 min(s), 18 sec(s) ago)
(RTTNews) - Turkey's consumer price inflation moderated slightly in August to the lowest level ...Full Story»

U.S. Labor Productivity Jumps By 1.4% In Q2, Unrevised From Preliminary Estimate (03 hr(s), 04 min(s), 18 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Thursday showed the increase in U.S. labo ...Full Story»