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Euro zone Q3 GDP rises 2.2% q/q as expected -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – The graph of the German share price index DAX is pictured at Frankfurt Stock Exchange, Germany. It was taken November 15, 2021. REUTERS/Staff

BRUSSELS (Reuters – The Euro zone Gross Domestic Product (GDP), rose 2.2% quarter over quarter during the July-September Period, Eurostat’s statistical office said Tuesday. It confirmed its earlier flash estimate, which was made at the beginning of October.

 

Eurostat stated that the economic growth rate in the 19 Euro-Stay countries was 3.7% more than the third quarter in 2020. It is also consistent with the earlier estimate as the economy continues to rebound strongly from its pandemic-induced depression in 2020.

Quarterly growth for July-September in Austria was 3.3%; France 3.0%, Portugal 2.9%.

 

 

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