Euro Zone Growth Slows in Q3 as High Inflation and Rates Weigh
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Euro zone Q3 GDP growth weaker than expected, contracting 0.1% quarter-on-quarter.
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Year-on-year growth slowed to 0.1% from 0.2% expected.
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France, Spain, Belgium showed quarterly growth but offset by shrinkage in Germany, Italy.
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High inflation, record interest rates, tightening fiscal policy are headwinds.
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Data from Eurostat shows weaker than expected growth in the euro zone.