The euro area economy expanded as initially estimated in the third quarter largely driven by household spending, estimates released by Eurostat showed on Tuesday. Gross domestic product grew at a steady pace of 2.2 percent in the third quarter. The estimate for the second quarter was revised up from 2.1 percent and the third quarter rate was confirmed by Eurostat.
On a yearly basis, GDP advanced 3.9 percent instead of 3.7 percent expansion estimated previously. However, this was slower than the second quarter's 14.4 percent increase.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.