India, Aug. 14 -- The euro area economy grew at a marginal pace in the second quarter as initially estimated, and companies generated jobs modestly, official data showed on Thursday. Another data from Eurostat showed that industrial production remained weak in the second quarter as the positive impact from frontloading of orders from the US faded.
Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, flash estimates from Eurostat showed. The figures matched the estimate released on July 30.
On a yearly basis, economic growth slowed to 1.4 percent, in line with estimate, from 1.5 percent in the prior quarter.
The EU27 GDP grew 0.2 percent from the previous quarter and expanded 1.5 percent fro...