Eurozone GDP contracted -3.6% in Q1, worst in France, Spain and Italy

<p>Eurozone’s Q1 GDP contraction was revised up to -3.6% qoq, up from initial estimate of -3.8% qoq. That was still the sharpest decline on record since 1995. For EU, GDP contracted -3.2% qoq, also the worst since 1995. Household final consumption expenditure had a strong negative contribution to GDP growth in both Eurozone and the […]</p>
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