GDP and employment up by 0.2% in Europe in second quarter
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    GDP and employment up by 0.2% in Europe in second quarter

    Flags of Europe outside the headquarters of the European Commission. Credit: ©Belga

    Seasonally adjusted GDP and jobs went up by 0.2% in Europe in the second quarter of 2019, Eurostat announced on Wednesday in a rapid assessment.

    The increase was the same in both the euro zone and the European Union.

    In the first quarter of 2019, GDP had grown by 0.4% in the euro zone and 0.5% in the EU28. The figures for employment were exactly the same.

    Compared to the same period of 2018, seasonally adjusted GDP increased by 1.1% in the euro zone and 1.3% in the EU28 in the second quarter of 2019, after increasing by 1.2% and 1.6% respectively in the preceding quarter.

    Belgium’s GDP in the second quarter of this year was 1.2% higher than in the corresponding period of 2018. 

    Oscar Schneider

    The Brussels Times