The preliminary GDP growth figures for the second quarter of the year, released yesterday, showed a recovery from the disappointing growth of the first quarter.
There has been a lot of new data released this week on the Euro Area, and all of it has been positive; unemployment continues to fall (slowly), inflation is back up to closer to 0%, and economic confidence is at its highest since 2011.
Following on from our graph recording the impressive US recovery a fortnight ago, this week we have taken a look at the much more limited recovery in the euro zone.
A preliminary estimate of Q1 GDP released by the Office for National Statistics yesterday suggested quarter on quarter growth of around 0.8%.
he ONS released their second estimate for Q4 GDP growth today, and it remained at 0.7%.