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Euro zone Q3 GDP rises 2.2% q/q as expected

Published 16/11/2021, 10:06
© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 15, 2021. REUTERS/Staff

BRUSSELS (Reuters) - Euro zone gross domestic product (GDP) rose 2.2% quarter-on-quarter in the July-September period, the European Union's statistics office Eurostat said on Tuesday, confirming its previous flash estimate from the end of October.

© Reuters. FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, November 15, 2021. REUTERS/Staff

Eurostat said economic growth in the 19 countries sharing the euro was 3.7% higher than in the third quarter of 2020, also in line with the previous estimate, as the economy continued to recover strongly from the pandemic-induced recession in 2020.

Quarterly growth in July-September was highest in Austria at 3.3%, France at 3.0% and Portugal with a 2.9% expansion.

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