EMU: GDP falls 0.1% in Q3, as expected

FXstreet.com (Barcelona) - On a quarterly basis Eurozone GDP slid 0.1% in the third quarter of 2012, following a 0.2% decrease recorded the previous quarter, according to data released today by Eurostat. This result is in line with market consensus.

Year-over-year Eurozone GDP declined 0.6% in the third quarter, down from the 0.4% drop seen in the second quarter, as expected.