BRUSSELS, Nov 14 (Reuters): Euro zone economic growth was stronger than expected in the third quarter, preliminary data showed on Friday, as France beat market expectations and Germany steered clear of a recession.
A preliminary estimate by the European Union's statistics office Eurostat showed that the economy of the 18 countries sharing the euro expanded 0.2 per cent quarter-on-quarter in the July-September period after a 0.1 per cent rise in the previous three months.
Year-on-year, euro zone growth was 0.8 per cent in the third quarter, the same as in the second quarter, against market expectations of a 0.7 per cent rise.
Eurostat data showed Europe's biggest economy Germany grew 0.1 per cent, in line with expectations but confounding some economies who had feared a second quarter of negative growth. The euro zone's second biggest France grew 0.3 per cent against market expectations of a 0.2 per cent gain.
Euro zone grows faster than expected in third quarter
FE Team | Published: November 15, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
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