Eurozone: 2Q GDP estimated to grow at 0.5% q/q – Danske Bank

Today, the euro area GDP figures for Q2 are due out, and analysts at Danske Bank are estimating growth of 0.5% q/q.

Key Quotes

“The solid euro area recovery should have continued in Q2, also reflected in the declining unemployment rate. The growth figure could get more attention than usual amid the ECB's increased focus on the stronger economic growth and less so on the lack of underlying price pressure, as the latter should eventually strengthen when the recovery continues.”