The Euro Zone released its GDP for the second quarter (final reading) showing slight decline to -0.2% on the quarter compared with the preliminary and forecasted 0.1% contraction. On the year, the reading showed further contraction to 4.8% from the preliminary and anticipated contraction of 4.8%.

Looking into details, Household consumption slipped to 0.1% from the preliminary and forecasted 0.2%; Gross Fixed Capital plunged to -1.5% from -1.3% preliminary and estimated; and Government Expenditure inclined to 0.7% from 0.4% preliminary and predicted.