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Eurozone Economy Exceeds Expectations with Strong Q3 Growth

OilPrice.com Wednesday, 30 October 2024 ()
The eurozone grew twice as fast as economists expected in the third quarter, new figures show, as Germany managed to skirt a recession. New ‘flash’ figures released by Eurostat showed that the bloc grew 0.4 per cent between July and September, accelerating from 0.2 per cent in the second quarter. The figures showed that the French economy saw an Olympics boost in the period while Germany, the bloc’s largest economy, outperformed expectations with quarterly growth of 0.2 per cent. Most economists had expected it to shrink 0.2 per…
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