scorecard
  1. Home
  2. finance
  3. Here comes eurozone GDP...

Here comes eurozone GDP...

Mike Bird   

Here comes eurozone GDP...

Merkel flag

REUTERS/Laszlo Balogh

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

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:

German GDP

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'

READ MORE ARTICLES ON



Popular Right Now



Advertisement