+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

Here comes eurozone GDP...

Nov 13, 2015, 12:39 IST

REUTERS/Laszlo Balogh

German GDP for the third quarter just came in as expected, at 0.3% compared to Q2.

Advertisement

That's weaker than the Q2 figure for Europe's biggest economy, which was slightly stronger at 0.4%

The German economy has been humming along slowly for most of the last three years, recording solid but unspectacular growth in most quarters

Overall it's been a pretty modest expansion - German GDP is now 1.8% higher than it was a year ago, and that's the strongest figure it's recorded in 18 months.

Here's how it looks:

Advertisement

Destatis

We've already got France's Q3 GDP, which came it at 0.3%, after falling flat in the second quarter.

Later today we've got a more - at 9 a.m. GMT Italian GDP for the same quarter is out, and analysts are expecting the same 0.3% expansion.

Following on from that, at 10 a.m. GMT the GDP figure for the eurozone as a whole in Q3 will roll out. Analysts expect growth of 0.4%, the same as in both Q2 and Q1 this year. That's much better than the eurozone's been recording in recent years, but still isn't as strong as the pre-crisis average, which was more like 0.7%.

NOW WATCH: Donald Trump was one of the first to be 'too big to fail'

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article