Monday , March 30 2020
Home / turkey / Eurozone rose above expectations in the first quarter

Eurozone rose above expectations in the first quarter


It grew faster than expected in the first quarter of this year, in the euro-zone economy. stability contributed to the growth in France and Spain.

According to data released Tuesday Eurostat, euro zone GDP in the first three months of this year grew by 0.4 percent compared with the previous quarter. Expected 0.3 percent.

strong growth in investment in Spain and France supported the increase in the growth of consumer Eurozone. Eurozone economy surpassed expectations of 1.1 percent over the same period increased by 1.2 percent per year.

France quarter grew by 0.3 percent. Consumer spending recorded an increase of 0.4 percent. Investments increased by 0.3 percent, exports grew by 0.1 per cent.

GDP 0.7 percent recorded in Spain. 0.3 per cent of consumer spending, rose 1.5 percent on the investment. Export decreased by 0.5 percent.

Source link