Eurozone employment grows in Q3, GDP at 0.4%
By Frank Prenesti
Date: Thursday 14 Nov 2024
(Sharecast News) - Employment in the eurozone rose slightly more than expected in the third quarter, while the economy's growth rate was 0.4%, according to official flash estimates published on Thursday.
Employment in the eurozone grew by 0.2% quarter on quarter, with an annual growth rate of 1% from 0.9% three months earlier.
Meanwhile, in a separate release from the official stats agency Eurostat, eurozone industrial production fell more than expected in September.
Industrial production fell 2% compared to the previous month and more than a 1.4% decline predicted by economists.
The previous month's 1.8% growth figure was revised down to 1.5%.
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