Europe's Economy Bounces Back as Inflation Keeps Declining

The euro area economy is growing again, but may struggle to maintain the momentum for the rest of the year.

Gross domestic product across the 20 countries that share the euro currency rose by 0.3% in the second quarter, compared with the previous three months, according to an official estimate published Monday.

GDP had fallen by 0.1% in the last three months of 2022, and stagnated in the first quarter of this year.

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