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    The Euro Zone'S GDP Grew By 0.3% In The Three Quarter Or Easing Policy Was Launched.

    2015/11/13 20:20:00 16

    Euro ZoneGDPEasing Policy

    In the three quarter of the euro area, GDP grew by 0.3%, less than the 0.4% expected by Bloomberg survey.

    The one or two quarter growth rate was 0.4%.

    Although euro zone growth this year has been better than the performance in recent years, it has not recovered the average growth rate of 0.7% before the European debt crisis.

    In the three quarter of the euro area, the GDP quarter ring was 0.3% above the initial value, with a forecast value of 0.4% and a pre value of 0.4%.

    In the three quarter of the euro area, GDP was 1.6% earlier than the previous year, with a forecast value of 1.7% and a pre value of 1.5%.

    Limited euro zone economic growth will prompt the European Central Bank to take more

    Stimulus policy

    Delagi, chairman of the European Central Bank, reiterated on Tuesday that policymakers had been prepared to expand their debt purchases and that other easing policies could be introduced in December to boost inflation.

    In comparison, Germany

    Economics

    It is dragged down by weak export demand and investment.

    In especial

    emerging market

    Lower demand has a greater impact on German export data.

    Germany's GDP grew by 0.3% in the three quarter, slightly below the 0.4% figure in the two quarter.

    As the largest economy in the euro area, Germany has remained stable for most of the past three years but not surprisingly.

    GDP increased by 1.8% in the first three quarters of Germany, the best figure in the past year and a half.

    Wall Street Journal quoted IHS Global Insight European economist Howard Archer today commented, "as long as the three quarter GDP growth and the 0.4% gap is not big, the European Central Bank to launch more easing policy is still very likely."

    But there are still many objections within the ECB Council.

    The German central bank governor Jens Weidmann warned on Tuesday that the ECB should be cautious in using quantitative easing. "Now that there is no time for quantitative easing, easing policy will only make the boundary between monetary policy and fiscal policy more ambiguous."

    Data released earlier today showed that the French economy resumed growth in the three quarter as low prices and low borrowing costs increased consumption and business investment.

    France's GDP grew by 0.3% in the three quarter, while the growth rate in the two quarter was unchanged from that in the first quarter. The growth rate was 1.2% over the first quarter, which was higher than the expected figure of 1.1%.


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