Global Economic News

Eurozone GDP Growth Accelerates In Q1

The euro area economy grew at a faster-than-estimated pace in the first quarter on positive contribution from net trade, revised data from Eurostat showed on Wednesday.

Gross domestic product expanded 0.6 percent from the fourth quarter, when the economy had advanced 0.2 percent. The rate was revised up sharply from 0.3 percent.

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by Renju Jaya

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