Pantheon Macroeconomics - A plunge in imports saved the EZ economy from a contraction in second quarter GDP. Yesterday's final data showed that real GDP growth rose 0.3% quarter- on-quarter, slowing from a 0.5% jump in Q1. A 0.4 percentage points boost from net exports was the key driving force.

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7 September. 2016 Q2 GDP Data Add to the Evidence of a Peak in the EZ Business Cycle

By Claus Vistesen

A plunge in imports saved the EZ economy from a contraction in second quarter GDP. Yesterday's final data showed that real GDP growth rose 0.3% quarter- on-quarter, slowing from a 0.5% jump in Q1. A 0.4 percentage points boost from net exports was the key driving force.

Posted: 6th Sep 2016 in 'Eurozone Documents'

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