Eurozone economy shrinks by 0.1%, putting it at brink of recession

Eurozone economy shrinks by 0.1%, putting it at brink of recession
By: The Guardian Posted On: October 31, 2023 View: 12

Ireland and Austria post biggest declines, while Germany contracts by 0.1% and France grows by 0.1%Business live – latest updatesThe eurozone is teetering on the brink of a winter recession after the latest official figures showed its economy contracted by 0.1% in the third quarter of 2023.In a worse than forecast performance, the 20-nation single currency zone has now failed to grow in three of the past four quarters, leaving its economy only 0.1% higher than it was a year earlier. Continue reading...

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