Details from the Q2 2016 Eurozone GDP final data report 6 September 2016

  • Flash 0.3%. Q1 0.6%

  • 1.6% vs 1.6% exp y/y. Flash 1.6%. Q1 1.6%
  • Household consumption 0.2% vs 0.3% exp q/q. Prior 0.6%.
  • Government spending 0.1% vs 0.2% exp q/q. Prior 0.4%. Revised to 0.6%
  • Gross fixed cap 0.0% vs -0.1% exp q/q. Prior 0.8%. Revised to 0.4%

  • EU28 states 0.4% vs 0.5% in Q1 q/q

  • 1.8% vs 1.9% prior y/y

That's what €1tn in QE gets you these days. Money well spent?

Eurozone GDP y/y