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Eurozone GDP growth revised up to 0.6% in first quarter

The EU's data agency said the 20-country single currency area recorded growth of 0.6% over the January-March period from the previous quarter
The EU's data agency said the 20-country single currency area recorded growth of 0.6% over the January-March period from the previous quarter

The eurozone economy expanded at a significantly faster pace than previously estimated in the first three months of the year, official data showed today.

The EU's data agency said the 20-country single currency area recorded growth of 0.6% over the January-March period from the previous quarter, up from the 0.3% figure published last month.

That figure was itself a downward revision from a first estimate of 0.4% issued in April.