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RSS FeedsEuro zone growth, eclipsing U.S. economy, set to be best in decade
(WorldNews Politics)

 
 

14 november 2017 15:37:21

 
Euro zone growth, eclipsing U.S. economy, set to be best in decade
(WorldNews Politics)
 


By Jan Strupczewski BRUSSELS (Reuters) - The euro zone`s annual economic growth rate outstripped that of the United States in the third quarter setting up 2017 as the best year for the currency area since financial markets crashed a decade ago. Germany was a major factor, but even some of the bloc`s laggards, such as Italy, showed signs of revival. Eurostat, the European Union statistics office, confirmed a preliminary estimate that euro zone gross domestic product (GDP)grew 0.6 percent from July to September from the previous quarter and on a year on year basis was 2.5 percent higher. This was higher than the...


 
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