The Preliminary Gross Domestic Product for the third quarter of the Eurozone remained at 2.2%, as in the second quarter of the year, two tenths above the 2% expected.
Year-on-year, the euro zone economy grew by 3.7%, above the expected 3.5%, although well below the previous 14.30%.
The preliminary annual Consumer Price Index for October showed a rise of 4.1%, above the estimated 3.7% and 3.4% in September. This rise is mainly due to the increase in energy prices, which have varied 23.5% compared to 17.6% in September).
Annual core inflation has risen to 2.1% from 1.9% previously and forecast.
EUR / USD reaction
The pair continues to fall with the release of the data. In total, the EUR/USD it has lost more than 45 pips this Friday, making the bottom in the last minutes at 1.1646, the daily low. At time of writing, the euro is trading against the dollar above 1.1647, losing 0.27% on the day.
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