Eurozone Q3 GDP Revised to 12.6%... Slight Downgrade

12.6% Rebound Compared to Q2

[Asia Economy Reporter Cha Min-young] Eurostat, the statistical office of the European Union (EU), announced on the 13th (local time) that the revised GDP figure for the Eurozone in the third quarter rebounded by 12.6% quarter-on-quarter, which is a 0.1 percentage point downward adjustment from the previously announced 12.7%. The year-on-year growth rate was also weaker at -4.4%, down 0.1 percentage points from the previous announcement of -4.3%.