Rolling coverage of the latest economic and financial news, including new growth figures from across the eurozone
- Latest: Germany and Italy GDP beat forecasts
- Spanish economy grew by 16.7% in last quarter
- French GDP jumped 18.2% in Q3
- Introduction: It’s eurozone GDP day
- Europe’s recovery recovered over summer….but double-dip looms
9.13am GMT
Newsflash: Germany’s economy has also returned to growth after the first wave of Covid-19 cases eased.
Gross domestic product in the 3rd quarter of 2020 up 8.2% on the previous quarter. Economic performance still 4.2% below pre-crisis level, however. Read more: https://t.co/D7CfPYedh5 #GDP pic.twitter.com/PSGQxY4QL1
9.05am GMT
Newsflash: Italy’s economy grew by 16.1% in the last quarter, much stronger than expected.
New figures from statistics body ISTAT show that Italian GDP rebounded sharply in July-September, as the EU’s third-largest economy recovered from its Covid-19 slump.
Italy Q3 GDP comes in at 16.1%, exp: 11.1%, prev: -13%
#Italy #GDP Growth Rate QoQ Adv at 16.1 https://t.co/4KYXd8Q0GK pic.twitter.com/zjZVgYO9ld
Continue reading…Rolling coverage of the latest economic and financial news, including new growth figures from across the eurozoneLatest: Germany and Italy GDP beat forecastsSpanish economy grew by 16.7% in last quarterFrench GDP jumped 18.2% in Q3Introduction: It’s eurozone GDP dayEurope’s recovery recovered over summer….but double-dip looms 9.13am GMTNewsflash: Germany’s economy has also returned to growth after the first wave of Covid-19 cases eased.Gross domestic product in the 3rd quarter of 2020 up 8.2% on the previous quarter. Economic performance still 4.2% below pre-crisis level, however. Read more: https://t.co/D7CfPYedh5 #GDP pic.twitter.com/PSGQxY4QL1 9.05am GMTNewsflash: Italy’s economy grew by 16.1% in the last quarter, much stronger than expected.New figures from statistics body ISTAT show that Italian GDP rebounded sharply in July-September, as the EU’s third-largest economy recovered from its Covid-19 slump.Italy Q3 GDP comes in at 16.1%, exp: 11.1%, prev: -13%#Italy #GDP Growth Rate QoQ Adv at 16.1 https://t.co/4KYXd8Q0GK pic.twitter.com/zjZVgYO9ld Continue reading…