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Eurozone Economy Skirts Recession In Q1

Por: RTTNews Business April 28, 2023

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The euro area dodged a recession in the first quarter that was widely anticipated a few months ago, thanks to the slowing energy price growth, fiscal stimulus and unwinding zero-Covid policy in China. Gross domestic product grew 0.1 percent in the first quarter after staying flat in the preceding period, preliminary flash estimate published by Eurostat showed Friday. The rate was slightly weaker than economists' forecast of 0.2 percent... + full article



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