The Eurozone’s seasonally adjusted gross domestic product (GDP) grew by 0.4 percent in the third quarter of 2024 compared with the previous quarter, according to preliminary data released on Thursday by Eurostat.
This modest growth signals a positive trend for the Eurozone economy, reflecting ongoing recovery efforts and resilience amidst global economic challenges.
The data, released by Eurostat, the statistical office of the European Union, provides an early indicator of the economic health of the 19 countries that use the euro as their currency.
Analysts and investors in Asia and around the world are closely watching these developments, as the Eurozone’s economic performance can have significant implications for global markets and international trade.
Asian businesses and investors may find new opportunities or challenges arising from the Eurozone’s economic trajectory, emphasizing the interconnectedness of today’s global economy.
Reference(s):
cgtn.com
