Eurozone Q1 final GDP +0.6% vs +0.4% q/q second estimate

• Prior +0.2%
• GDP Q1 y/y +1.5% vs +1.2% second estimate
• Prior +1.2%

The Q1 GDP got revised higher at every release.

Household final consumption expenditure increased by 0.2% both in the euro area and in the EU. Government final consumption expenditure remained stable in the euro area and decreased by 0.1% in the EU. Gross fixed capital formation increased by 1.8% in both the euro area and the EU. Exports increased by 1.9% in the euro area and by 1.6% in the EU, and imports increased by 1.4% in both the euro area and the EU

This article was written by Giuseppe Dellamotta at www.forexlive.com.