• Skip to main content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer
  • Best Managed Accounts
  • Forex Robots
  • Forex Brokers
  • Forex Signals
  • Social Trading Platforms

Forex Traders Guide

The Ultimate Forex Knowledge Base

  • Robots
  • Start Guide
  • Glossary
  • Basics
    • Currency Pairs
    • Charts
    • Candlesticks
    • Trading Tips
  • Strategies
    • Technical Analysis
    • Fundamental Analysis
    • Day Trading
    • Scalping
    • Swing Trading
    • Trend Following
  • News
  • Reviews
    • Forex Robots
    • Forex Brokers
  • Mustreads
  • Crypto Trading

Consumer Spending and Exports Surge Drive Eurozone Growth to Record High

December 8, 2020 by Forex Winner Leave a Comment

Consumer Spending and Exports Surge Drive Eurozone Growth to Record High

Gross domestic product in the 19-country Eurozone bloc rose by 12.5% in the July-September period from the previous quarter, the largest increase since 1995, according to Reuters. The summer surge in output was driven by domestic consumption and exports as shops and factories reopened after lockdowns. 

  • The July-September output was a slight downward revision from the 12.6% estimate from November.
  • Year on year, the output was a contraction of 4.3%, slightly above the previous estimate of a 4.4% drop.
  • Consumer spending rose by 14.0% in the third quarter from the second, when it fell by 12.4%.
  • Exports increased by 17.1% in the third quarter after an 18.9% drop in April-June.
  • Employment rose by 1.0% in the third quarter after a 3.0% decline in the second.

European stocks are currently declining as the Euro gains. DAX is down 0.086%, EURUSD is up 0.10%

Best Forex Robots ›

Compare leading trading systems on the market

Filed Under: Forex News Tagged With: DAX, EURUSD

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Best Forex Robots

  1. Techberry 8.7
  2. Happy Forex 8.0
  3. Forex Fury 7.7
  4. Promax Gold EA 6.8
  5. Gump EA 6.4

Best Forex Brokers

  1. Techberry 8.7
  2. XM 8.2
  3. eToro 8.1
  4. Pepperstone 8.1
  5. IG 8.0

Latest News

Tron DAO to Pull Out Additional 3 Billion TRX

Tron DAO to Pull Out Additional 3 Billion TRX

June 16, 2022

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

Jabil’s Q3 Earnings Per Share Beats Estimate by 10%, Upgrades Guidance

June 16, 2022

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

Federal Reserve Hints at Further Policy Tightening After 75-Basis Point Hike

June 16, 2022

Footer

Forex Broker Reviews

axitrader

AxiTrader Review

December 18, 2019 By Forex Winner

avatrade

AvaTrade Review

February 24, 2020 By Forex Winner

NinjaTrader Review

February 17, 2020 By Forex Winner

Forex Robot Reviews

Profit Lab EA Review

Profit Lab EA Review

June 28, 2022 By Forex Winner

GoodMorning EA

GoodMorning EA Review

June 23, 2022 By Forex Winner

FxHT Daily Trend EA Review

FxHT Daily Trend EA Review

June 22, 2022 By Forex Winner

EMAIL NEWSLETTER

Sign up to receive exclusive forex trading guides and insights from our team of experts!

Copyright © 2022 · Forex Traders Guide · About Us · Contact Us
Privacy Policy · Risk Disclosure