EMU: Annual GDP falls 0.4% in Q3, as expected

FXstreet.com (Barcelona) - On an annual basis Eurozone GDP decreased 0.4% in Q3, following the 0.5% fall registered the previous quarter, according to data released today by Eurostat. This result is in line with market consensus.

Quarter-over-quarter GDP rose 0.1% in Q3, down from +0.3 in Q2, as expected.

Dec 4, 2013

EU 3Q Gross Domestic Product s.a. (YoY) improves to -0.4%; 0.1% (QoQ)

EMU: Annual Retail Sales drop 0.1% in October

Eurostat informed on Wednesday that year-over-year Eurozone Retail Sales dropped 0.1% in October, compared with the 0.3% increase in September and against forecasts of rising 0.9%.