21:59, 30-Jan-2018
Euro Zone Economy: GDP rose 2.5% y-o-y in 2017
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Turning to Europe now. The European Union's statistics office said Tuesday that the euro zone economy expanded at its fastest rate in a decade last year.
Eurostat data shows that the euro zone GDP rose 2.5 percent y-o-y in 2017. That was the fastest growth rate since 2007. Meanwhile, data from the European Commission showed economic sentiment in the euro zone eased slightly in January due to a decline in the retail sector. But analysts brushed off the concerns and expect the positive trend from late year to continue in 2018.
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Copyright © 2018 CGTN. Beijing ICP prepared NO.16065310-3
Copyright © 2018 CGTN. Beijing ICP prepared NO.16065310-3