31-01-2017 11:45 via news.yahoo.com

Eurozone growth and inflation surge, adding to pressure on ECB

Growth in the eurozone accelerated, inflation rose towards the ECB's key target and unemployment dipped to a seven-year low as the bloc's economy shrugged off uncertainty over Brexit and US President Donald Trump. The EU's Eurostat statistics agency said growth in the eurozone sped up in the fourth quarter of 2016 to 0.5 percent, above the 0.4 percent forecast by analysts surveyed by Factset, a data company. The EU's Economic Affairs Commissioner Pierre Moscovici cautioned that the solid growth
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