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Eurostat confirmed on Tuesday that economic growth in the 19
countries sharing the euro was 0.3 percent quarter-on-quarter in
the July-September period and 1.6 percent year-on-year, as
estimated earlier and expected by markets.
In the previous three months, the economy grew 0.4 percent on
the quarter and 1.6 percent in annual terms.
Household consumption added 0.2 percentage points to the final
outcome in the third quarter and inventories another 0.2 points.
Government spending also helped with 0.1 point, but foreign
trade subtracted 0.3 points as imports rose by much more than
exports.
(Reporting By Jan Strupczewski; editing by Philip Blenkinsop)
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