{"id":49505,"date":"2021-08-17T15:30:40","date_gmt":"2021-08-17T11:30:40","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=49505"},"modified":"2021-08-17T15:30:40","modified_gmt":"2021-08-17T11:30:40","slug":"eurozone-growth-confirmed-at-2-in-q2","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/eurozone-growth-confirmed-at-2-in-q2\/08\/17\/market-updates\/","title":{"rendered":"Eurozone Growth Confirmed at 2% in Q2"},"content":{"rendered":"\n<p>The European Union statistics office Eurostat said on Tuesday that the eurozone economy grew by 2 percent in the second quarter of the year, confirming its previous reading, as the easing of restrictions related to the Coronavirus stimulated economic activity after a brief recession.<\/p>\n\n\n\n<p>In a separate statement, Eurostat said employment activity in the 19-nation bloc grew 0.5% in the April-June period from the previous quarter, in line with expectations of economists polled by Reuters.<\/p>\n\n\n\n<p>The good two percent rise in the gross domestic product compared to the previous quarter was accompanied by a 13.6 percent rise from the same period last year, when the eurozone economy suffered the worst of the pandemic.<\/p>\n\n\n\n<p>The annual GDP reading was slightly revised down from Eurostat&#8217;s previous estimate of 13.7 percent growth released at the end of July.<\/p>\n\n\n\n<p>The quarterly growth followed a two-quarter decline in the gross domestic product, with the eurozone economy contracting 0.6 percent in the fourth quarter of 2020 and 0.3 percent in the January-March period.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The European Union statistics office Eurostat said on Tuesday that the eurozone economy grew by 2 percent in the second quarter of the year, confirming its previous reading, as the easing of restrictions related to the Coronavirus stimulated economic activity after a brief recession. In a separate statement, Eurostat said employment activity in the 19-nation &hellip;<\/p>\n","protected":false},"author":9,"featured_media":32054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6864],"class_list":["post-49505","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-european-stocks"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49505","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=49505"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49505\/revisions"}],"predecessor-version":[{"id":49506,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/49505\/revisions\/49506"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32054"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=49505"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=49505"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=49505"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}