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Eurozone, EU Q1 GDP growth revised upward

First-quarter GDP growth in both the eurozone and the European Union were revised upwards to 0.6% quarter on quarter from flash estimates of 0.5%, the EU statistical office said June 8.

In annual terms, GDP growth was 1.9% in the euro area and 2.1% in the EU, compared to flash estimates of 1.9% and 2.0%.

First-quarter growth in the eurozone was up 0.1 percentage point from the previous quarter's figure, but it remained unchanged in the EU.