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The Wall Street Publication > Blog > Business > Eurozone Economy Outpaces U.S., China
Business

Eurozone Economy Outpaces U.S., China

Editorial Board Published October 29, 2021
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Eurozone Economy Outpaces U.S., China
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FRANKFURT—The eurozone economy grew briskly in the summer, outpacing the larger U.S. and Chinese economies as the loosening of social restrictions and widespread vaccinations powered the region’s comeback from the Covid-19 pandemic, but supply-chain bottlenecks and rising prices are expected to hold growth back in the coming months.

Gross domestic product in the 19-nation eurozone grew at a seasonally adjusted annualized rate of 9.1% in the three months through September, roughly in line with the previous quarter, the European Union’s statistics agency said on Friday.

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