Thursday February 27, 2020

Private consumption and investment help drive euro zone growth

8th March, 2016

Higher spending by households and governments helped propel the euro zone to its 11th successive quarter of growth even as net trade suffered amid a slowdown in China and other emerging markets.

Consumption in the private sector rose 0.2 per cent in the three months through December, while that of the public sector expanded 0.6 per cent, the European Union’s statistics office in Luxembourg said on Tuesday. Gross fixed capital formation increased 1.3 per cent,...

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