- Q2 GDP second estimate +0.4% vs +0.4% q/q prelim
- Prior (Q1) +0.1%; revised to 0.0%
There is no change to the preliminary estimate but there is a minor downgrade to the Q1 GDP estimate on the quarter, which is now seen flat instead of posting a marginal growth.
Compared to the same quarter last year, euro area GDP in Q2 2026 is seen growing by 1.0% at least.
In any case, this is very much a lagging data point by now. That as markets are turning their attention to renewed tensions in the Middle East, which is underpinning inflation risks. And that is likely to pressure the ECB into needing to act faster.
Carry on as you will.
This article was written by Justin Low at investinglive.com.