Eurozone Q3 preliminary GDP +2.2% vs +2.0% q/q expected

Latest data released by Eurostat – 29 October 2021

  • Prior +2.2%
  • GDP +3.7% y/y
  • Prior +14.3%

The euro area economy grew by a little more than expected as overall conditions picked up further after the easing of restrictions that began in Q2. The outlook is still a worry though considering rising inflation and supply bottlenecks persisting.

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