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Eurozone GDP growth in Q3 as inflation picks up


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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 EU data showed on Monday. Analysts surveyed by Factset had forecast inflation of 0.4 percent for the period. The growth figure was on par with analyst expectations and will feed worries that the European economy will fail to bring new jobs and significantly boost inflation.

 

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