Q3 2017 Eurozone GDP 2nd revision 0.6% vs 0.6% exp q/q

Q3 2017 Eurozone GDP 2nd revision 7 December 2017

• 1st rev 0.6%. Flash 0.6%. Q2 0.7%
• 2.6% vs 2.5% exp y/y. 1st rev/flash 2.5%. Q2 2.3%. Revised to 2.4%
• Gross fixed capital formation 1.1% vs 0.7% exp q/q. Prior 0.9%. Revised to 2.2%
• Household consumption 0.3% vs 0.4% exp q/q. Prior 0.5%
• Government spending 0.2% vs 0.3% exp q/q. Prior 0.5%. Revised to 0.3%

Mixed data in this revision with imporved investment but touch weaker spending numbers. Not that the euro gives a stuff anyway. EURUSD is at 1.1790 as it walks a 1.1785-1.1805 range.

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Ryan Littlestone

Psychedelic chartist extraordinaire. Have your shades ready.
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