Economic growth in the nineteen countries that make up the Eurozone has been revised upwards. The second estimate of gross domestic product (GDP) for April to June put growth at zero-point-four percent, up from the first estimate of zero-point-three percent.

The European statistics agency Eurostat also revised growth in the first quarter, from zero-point-four percent zero-point-five percent.

Also today it was announced that German imports and exports has both reached record levels. Boosted by the continuing weakness of the euro, exports rose two-point-four percent to one hundred and three-point-four billion Euros in July.

Imports also rose, but not by as much, meaning the trade surplus grew to a record twenty-five billion Euros.