{"id":9622,"date":"2024-11-14T15:38:42","date_gmt":"2024-11-14T15:38:42","guid":{"rendered":"https:\/\/amwaj-capital.com\/?p=9622"},"modified":"2024-11-14T15:38:42","modified_gmt":"2024-11-14T15:38:42","slug":"eurozone-economy-grows-by-0-9-in-the-third-quarter","status":"publish","type":"post","link":"https:\/\/amwaj-capital.com\/en\/eurozone-economy-grows-by-0-9-in-the-third-quarter\/","title":{"rendered":"Eurozone economy grows by 0.9% in the third quarter"},"content":{"rendered":"<p>The Eurozone economy grew in line with preliminary estimates for the third quarter, supported by higher employment rates and GDP growth in Germany after a contraction in the second quarter.<\/p>\n<p>According to data released by Eurostat on Thursday, the Eurozone&#8217;s GDP increased by 0.9% year-on-year in the third quarter, consistent with the initial reading from the end of last month, and up from 0.6% growth in the second quarter.<\/p>\n<p>On a quarterly basis, the Eurozone&#8217;s GDP grew by 0.4% in the third quarter, matching expectations and the preliminary reading, following growth rates of 0.2% and 0.3% in the second and first quarters of this year, respectively.<\/p>\n<p>Germany\u2019s GDP rose by 0.2% after a 0.3% contraction in the second quarter, while France\u2019s economic growth accelerated to 0.4% from the 0.2% recorded in the quarter ending in June.<\/p>\n<p>This growth was supported by a 0.2% quarterly increase in Eurozone employment in the third quarter, double what was expected in a Reuters survey of economists, pushing the annual growth rate to 1% from 0.9% in the previous quarter<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Eurozone economy grew in line with preliminary estimates for the third quarter, supported by higher employment rates and GDP<\/p>\n","protected":false},"author":2,"featured_media":9511,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-9622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - 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