Eurostat released its revised gross domestic product (GDP) data for the Eurozone on Tuesday. Eurozone’s revised GDP rose 0.6% in first quarter, up from the preliminary reading of 0.5%, after a 0.4% gain in the fourth quarter.
On a yearly basis, Eurozone’s revised gross domestic product (GDP) increased 1.7% in first quarter, up from the preliminary reading of 1.5%, after a 1.7% rise in the fourth quarter.
Household spending gained 0.6% in the first quarter, while gross fixed capital formation climbed 0.8%.
Exports climbed by 0.4% in the first quarter, while imports rose by 0.7%.
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