EMU: GDP falls slightly less than expected in Q3

FXstreet.com (Barcelona) - Eurozone GDP declined 0.1% in Q3, following a 0.2% decrease the previous quarter, according to preliminary data released today by Eurostat. This is slightly more positive than market consensus pointing to a 0.2% fall.

On an annual basis Eurozone GDP slid 0.6% in Q3, after dropping 0.4% in Q2 and above expectations of -0.7%.