In the third quarter the GDP of the eurozone record the umpteenth contraction: -0,1% compared to the previous three months e -0,6% every year. Eurostat reports this in its latest preliminary estimate.
The figure is better than forecasts, with analysts who had forecast a 0,2% and 0,7% cyclical downturn on a trend basis.
As far as the second quarter is concerned, the GDP remains unchanged (-0,2% compared to the previous quarter).