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The Guardian - UK
The Guardian - UK
Business
Larry Elliott Economics editor

Eurozone exits recession as ‘big four’ economies beat forecasts

eurozone Recession Andrew Kenningham Inflation France Germany Economy Eurostat Italy Spain
Paris at sunset
France’s economy grew by 0.2% between January and March. Photograph: Bee-Teerapol/Getty Images

The eurozone has bounced back from its shallow technical recession after a stronger than expected performance by its “big four” economies in the first three months of 2024.

After two successive quarters of 0.1% contraction in the second half of 2023, the 20 nations that use the single currency posted growth of 0.3% between January and March.

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