Eurozone Preliminary GDP rises 0.4% QoQ in Q2 vs. 0.2% expected

The Eurozone economy grows by 0.4% in the three months to September of 2024, following a 0.2% expansion in the second quarter, the preliminary estimate released by Eurostat showed on Wednesday.

The data outpaced the market forecast for a 0.2% growth.

The bloc’s GDP  rose at an annual pace of 0.9% in Q3 versus 0.6% in Q2 and 0.8% expected.