Index Euro Stoxx 50 forecast increased 17 points or 0.47% to 3511 on Tuesday, September 12 from 3495 in the previous trading session. Historically, the EURO STOXX 50 Stock Market Index reached an all time high of 4557.57 in July of 2007 and a record low of 1809.98 in March of 2009.
The Eurozone economy expanded 0.6 percent on quarter in the three months to June of 2017, in line with the second estimate and following a 0.5 percent advance in the previous period. Growth was mainly boosted by household consumption, fixed investment, and exports. Among Eurozone’s largest economies, GDP growth picked up in Spain; was unchanged in France and Italy; and slowed in Germany.
From the expenditure side, the positive contribution to GDP came mainly from household final consumption expenditure (0.3 percentage points), gross fixed capital formation (0.2 percentage points), government spending (0.1 percentage points) and net exports (0.1 percentage points). Meanwhile, the contribution of changes in inventories was negative (-0.1 percentage points).
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