Tuesday, 31 October 2017

Eurozone growth exceeds expectations, according to EU statistics office Eurostat



The eurozone's economy grew by 0.6% in the three months to September, above analysts' expectations, according to EU statistics office Eurostat.

 
For the past 12 months, the growth rate was 2.5%, Eurostat said.


Last month, the European Central Bank (ECB) raised its 2017 growth forecast for the 19-nation eurozone to 2.2%, the fastest in 10 years.


Eurostat also said eurozone unemployment was 8.9% in September, the lowest rate for nearly nine years.




BBC      News.