Eurozone GDP Growth Accelerates

Eurozone GDP grew 1% in the second quarter vs. the previous quarter, and 1.9% year-over-year according to the latest data released by Eurostat today.

This growth rate is significantly higher than anything seen in the previous three quarters, you can see the full release below. The euro is attempting to bounce higher post the release:

Chart

2-02092010-BP-EN

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.