Q2 2016 Eurozone GDP flash data report

  • Flash 0.3% Q1 0.6%

  • 1.6% vs 1.6% exp y/y. Flash 1.6% Prior 1.6%

  • EU28 states 0.4% vs 0.5% prior q/q

  • 1.8% vs 1.8% prior y/y

This is a secondary estimate to the one we got at the end of July. A softer quarter had been forecast by the ECB. The year on year held up so that's a bonus.