Sunday, 12 June 2016

EU shows year-on-year growth

A release earlier this week from Eurostat shows that EU GDP was 0.6% higher in the first quarter of 2016 than in the corresponding period last year. The eurozone grew slightly higher still. The Union has shown consistent, if unspectacular, growth since the end of 2014, contrary to Vote Leave's assertions. The trend is similar to the United States' performance, though the latter's peaks and troughs are more marked.

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