The euro zone’s three quarter GDP growth of 0.3% U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes Sina warrants stocks news Beijing time on the evening of 31, the European statistics agency reported Monday that third quarter euro zone economic growth continues to moderate. Eurozone third quarter gross domestic product (GDP) growth of the initial value of 0.3%, in line with the Reuters survey is expected. The 19 quarter of the euro zone by the GDP of the third quarter grew by 1.6%. Inflation data also showed that inflation in the euro area rose in October. October preview inflation data reached 0.5%, higher than in September of 0.4%. Official report shows that inflation is the main driver of the rise in the service sector, but the figure was slightly lower than the market average of 0.6%. Jennifer Capital Economics, chief European economist mark Keown (Jennifer McKeown) said: "the euro zone in the third quarter of the estimated GDP preliminary preview numerical confirmed previous national data message, the euro zone economic growth is still slow." Data released last week showed that 19 members of the euro zone economy is mixed. Germany’s October purchasing managers’ index (PMI) rose from 52.8 in September to $55.1. But France’s data is not so optimistic, the French PMI index fell to 52.2, the lowest value for the past two months. IHS Markit said that the euro zone’s internal demand should be able to support economic growth in the euro area, but in the near future, some of the political uncertainties may limit the business investment. IHS Markit chief European economist Howard – (Howard Archer) in the research report, said: we expect the euro area’s overall GDP growth in 2016 will reach 1.6%. However, we are concerned about the prospects for growth in the euro area in 2017. In fact, as the euro zone economy continues to be politically uncertain, we suspect that the euro zone GDP will grow by only 1.4% in 2017." (Zhang Jun) responsible editor: Zhangjun SF065相关的主题文章: