Eurozone Q3 preliminary GDP +0.2% vs +0.1% q/q expected

Latest data released by Eurostat – 31 October 2019
– (Q2) +0.2%
– Preliminary GDP +1.1% vs +1.1% y/y expected
– Prior (Q2) +1.2%
Quarterly growth is better-than-expected but it still isn’t anywhere near stellar. If anything, it just reaffirms that the economy is still sluggish and potentially looking to grind to a standstill as we look towards