Eurozone grows twice as fast as UK after GDP rises by 0.6% - business live

Euro area’s recovery continues as GDP accelerates and factory output remains strong Latest: Eurozone grew by 0.6% in the last quarter Earlier: Eurozone factories keep growing UK factories boosted by exports The agenda: How fast did the eurozone grow in Q2? Chinese factory growth hits four-month high British Gas hikes prices 10.27am BST This chart shows how the eurozone has outpaced Britain in the last six months, after lagging behind in 2016. Eurozone growth picks up to 0.6%q/q in Q2, for its 3rd consecutive solid quarter of growth, at the same time as the UK economy has slowed. pic.twitter.com/TyBKA0ZLxj 10.14am BST It’s official! The eurozone grew twice as fast as the UK in the second quarter of 2017, as its recovery gathers pace. Eurozone GDP rose by 0.6% in the three months to June, new figures from Eurostat show. That’s a pretty decent growth rate, as the region puts its debt crisis behind it. Continue reading...