Arab Today, arab today euro zones economic growth stalls in 2014 second quarter
Last Updated : GMT 06:12:16
Arab Today, arab today
Arab Today, arab today

Euro Zone's economic growth stalls in 2014 second quarter

Arab Today, arab today

Arab Today, arab today Euro Zone's economic growth stalls in 2014 second quarter

Eurozone
City of Luxembourg - QNA

The euro zone economy's growth stalled during the second quarter of 2014, official data showed Thursday.
The market forecast the Euro zone's growth at 0.1%, however a report released today by Eurostat showed the GDP at 0%. Growth was at 0.2% when compared to the previous quarter. The GDP growth was at 0.7% compared to the same period of last year. That result was in-line with the market forecast.
The Eurostat released today a host of statistics, including Consumer Price Index (CPI). The report showed CPI at the forecast level of 0.4%. The European Central Bank has been taking steps in recent months to fend-off a risk of deflation.

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