Eurozone Q1 flash GDP steadies at 0.5% q/q

The Eurozone economy advanced 0.5% on quarter in Q1 2017, following a 0.5% growth in booked in the advance estimate and matching market expectations of a 0.5% expansion, the flash estimate showed on Tuesday. 

On annualized basis, the bloc’s economy maintained 1.7% growth rate, when compared to 1.7% seen in the first preliminary flash reading.