Article 6DDV2 Eurozone returns to economic growth as inflation falls

Eurozone returns to economic growth as inflation falls

by
Phillip Inman
from on (#6DDV2)

GDP also rises in 20-member bloc but German growth remains flat and Italy shrinks

The eurozone's economy has returned to growth after a long period of stagnation as inflation in the 20-member currency area continues to fall from last year's peak.

Activity expanded by 0.3% in the second quarter, while the inflation rate declined from 5.5% to 5.3% in July, said the EU statistics agency Eurostat.

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