The seasonally adjusted gross domestic product (GDP) increased 0.6% in both the euro area and in the European Union (EU28) in the second quarter of 2017 compared to the previous three months, according to a second estimate released by Eurostat on Wednesday. In the first three months of 2017, the GDP grew by 0.5% in both the euro area and the EU28.
Annually, the seasonally adjusted GDP rose by 2.2% in the Eurozone, while the figure was up by 2.3% in the EU28 in the April to June period. In the first quarter of the year, GDP increased 1.9% year on year in the euro area, while it was up by 2.1% in the EU28 on an annual basis.
Among member states, the largest annual growth was recorded in Romania, up 5.7%, while the smallest GDP increase was observed in Belgium, up by 1.4%.
