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The Guardian - UK
The Guardian - UK
Business
Phillip Inman

Eurozone returns to economic growth as inflation falls

European Union ECB eurozone Inflation Economic Growth GDP Italy
Shoppers in Charlottenburg, Berlin
Shoppers in Charlottenburg, Berlin. Germany recorded flat GDP growth quarter on quarter. Photograph: Michael Kuenne/Presscov/Shutterstock

The eurozone’s economy has returned to growth after a long period of stagnation as inflation in the 20-member currency area continues to fall from last year’s peak.

Activity expanded by 0.3% in the second quarter, while the inflation rate declined from 5.5% to 5.3% in July, said the EU statistics agency Eurostat.

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