Eurozone growth beats expectations
Wednesday, 1 May 2019
BRUSSELS, Apr 30 (AFP): The eurozone economy expanded by a better than forecast 0.4 per cent in the first quarter of 2019, official data showed Tuesday, with Italy breaking free of a recession.
The reassuring announcement was a break from a series of worrying economic figures for Europe that showed a lacklustre economy beset by looming political risks such as Brexit and weaker global growth.
The figure slightly exceeded the expectations of analysts interviewed by data company Factset, who had forecast 0.3 per cent growth.