Euro Zone's Economic Growth Stalls in 2014 Second Quarter


(MENAFN- Qatar News Agency) City of Luxembourg August 14 (QNA) - The euro zone economy's growth stalled during the second quarter of 2014 official data showed Thursday. The market forecast the Euro zone's growth at 0.1% however a report released today by Eurostat showed the GDP at 0%. Growth was at 0.2% when compared to the previous quarter. The GDP growth was at 0.7% compared to the same period of last year. That result was in-line with the market forecast. The Eurostat released today a host of statistics including Consumer Price Index (CPI). The report showed CPI at the forecast level of 0.4%. The European Central Bank has been taking steps in recent months to fend-off a risk of deflation. (QNA)


Qatar News Agency

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