US trade war with China takes its toll on eurozone economy
by Larry Elliott Economics editor from Economics | The Guardian on (#4TEZN)
Annual growth rate for 19-nation bloc continues steady slowdown
Fresh evidence of the impact of global trade wars on the eurozone has emerged with official figures revealing growth in the 19-nation single currency bloc was 0.2% in the three months to September.
Data from the EU's statistical agency, Eurostat, showed activity expanded by 0.2% in the latest quarter - unchanged on the three months to June.
Gross domestic product (GDP) measures the total value of activity in the economy over a given period of time.
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