Euro area (EA15) GDP declined by 0.2% and EU27 GDP was unchanged in the second quarter of 2008 compared with the previous quarter, according to second estimates from Eurostat, the Statistical Office of the European Communities. In the first quarter of 2008, growth rates were +0.7% in the euro area and +0.6% in the EU27.
In August 2008, compared with July 2008, the volume of retail trade rose by 0.3% in the euro area (EA15) and by 0.4% in the EU27. In July retail trade increased by 0.1% and 0.3% respectively.
