Eurozone Q3 growth solid

The 21-country eurozone economy grew by 0.4% in the third quarter, according to Eurostat data, matching preliminary estimates and exceeding analysts’ expectations of half that rate. Growth came despite the fallout from the war with Iran and rising energy prices. The European Central Bank has raised interest rates twice and has signaled the possibility of another increase in December, as inflation reaches twice its 2% target.

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