Eurozone growth picks up to 0.6%

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Reuters

The eurozone’s economy grew by a faster-than-expected 0.6% in the first three months of the year, according to official statistics.

The growth rate in the 19-nation bloc doubled from the 0.3% rate recorded in the previous quarter, and was above analysts’ expectations of 0.4%.

Separate data from Eurostat also showed inflation in the eurozone fell to -0.2% in April, from zero in March.

The eurozone’s unemployment rate fell to 10.2% in March.

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Eurozone growth picks up to 0.6%
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