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article imageEurozone GDP growth steady at 0.3 percent in Q3

By AFP     Oct 31, 2016 in Business

Growth in the eurozone remained stable at 0.3 percent in the third quarter of 2016 as inflation rose to a 27-month high, official data showed on Monday.

The figured showed that the recovery in the 19-nation single currency area remained cautious amid fears about the fallout of Brexit and an emerging banking crisis.

Consumer prices, which entered deflationary territory last year, rose to 0.5 percent, the highest since June 2014.

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