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Few Comments on Euroland GDP Figures

Forex News

This post by larrygreenberg has been reprinted from Currency Thoughts.

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Note that Euroland expresses GDP changes without the U.S. convention of annualization.  Thus U.S. second quarter GDP growth, which was reported earlier as 1.7% — the change if the 2Q-over-1Q pace were sustained for a full year — would in the European custom be expressed as a 0.4% advance.  Similarly, British and Japanese growth on [...]

larrygreenberg @ August 14, 2013

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