• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Eurozone economy grew 0.4% in the third quarter, above forecasts but slower than the previous quarter

FinanceInternationalEl Espectador30 s readAI summary
Image: El Espectador

The eurozone economy grew 0.4% in the third quarter, above the 0.2% expected by analysts but below the 0.6% of the previous quarter, according to Eurostat. Ireland led with 5.5%, while France (-0.1%) and Lithuania posted declines. The ECB kept its deposit rate at 2.5% and warned that energy prices keep rising, posing risks to inflation and economic growth.

In 30 seconds

  • The eurozone grew 0.4% in the third quarter, versus the 0.2% expected and the previous 0.6%.
  • Ireland posted the strongest growth (5.5%); France fell 0.1% and Italy stagnated.
  • The ECB left its deposit rate at 2.5% and flagged rising energy prices.
Read the full story at El Espectador

IASummary generated by artificial intelligence from a story by El Espectador. It may contain errors: the original source prevails.

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