Monday April 6, 2020

Euro zone economy grows by 0.3% in Q3 on domestic demand

Growth was bolstered by private consumption and government spending

8th December, 2015
The euro zone economy grew by 0.3% in the third quarter

Euro-zone growth in the third quarter was bolstered by private consumption and government spending as exports suffered from a slowdown in global trade.

Gross domestic product in the 19-nation bloc rose 0.3 per cent in the three months through September after expanding 0.4 per cent in the prior quarter, the European Union’s statistics office said, confirming a November 13 estimate.

The data come less than a week after the European Central Bank cut one of its...

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