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Eurozone economy shrank 0.3pc in Q3

Friday, January 10 12:14:40

The euro zone economy shrank 0.3pc year on year in the third quarter, less than the 0.4 percent contraction estimated earlier, the European Union's Statistics Office said today in its third and final revision of the data.

Eurostat confirmed that quarter-on-quarter, the economy of the then 17 countries sharing the euro grew 0.1 percent in the three months to September after a 0.3 percent expansion in the second quarter.