Unexpected changes
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The French and German economies both grew by 0.3% between April and June, bringing to an end year-long recessions in Europe's largest economies.
Stronger exports and consumer spending, as well as government stimulus packages, contributed to the growth.
The data came as a surprise, with few analysts expecting Germany and France to start to recover so soon.
But economic activity in the eurozone fell by 0.1%, showing the region as a whole is still in recession.
It was the fifth consecutive quarter of economic contraction in the eurozone, but was a marked improvement on the 2.5% drop recorded in the first three months of the year.
Stronger exports and consumer spending, as well as government stimulus packages, contributed to the growth.
The data came as a surprise, with few analysts expecting Germany and France to start to recover so soon.
But economic activity in the eurozone fell by 0.1%, showing the region as a whole is still in recession.
It was the fifth consecutive quarter of economic contraction in the eurozone, but was a marked improvement on the 2.5% drop recorded in the first three months of the year.
1 comments:
we still don't know your results...and you're not responding to emails...
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