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Eurozone GDP Beats Forecasts at 0.4%, but Germany Slows and France Contracts

Reported · Written up by our desk · Major Pairs

Eurozone GDP expanded 0.4% q/q in Q3, slowing from 0.6% in Q2 but beating market expectations of 0.2%, according to Eurostat’s preliminary flash estimate. Annual growth edged up from 1.2% to 1.3%. The stronger-than-expected headline suggests that economic activity held up better than anticipated, although the slower quarterly pace and divergent performances among major economies […] The post Eurozone GDP Beats Forecasts at 0.4%, but Germany Slows and France Contracts appeared first on ActionForex .

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