Economics

Euro-Area Growth Overshadowed by Soaring Inflation: GDP Update

France, Italy drive output with Germany, Spain disappointing
Consumer prices rise annual 4.1%, matching 2008 record

Hungary Posts Record Economic Growth in Post-Covid Rebound — Photographer: Akos Stiller/Bloomberg

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By William Horobin, Alonso Soto, and Alessandra Migliaccio

October 29, 2021 at 5:30 AM UTC

Updated on

October 29, 2021 at 9:00 AM UTC

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Economic growth in the euro area accelerated in the third quarter following the suspension of most Covid-19 curbs, with inflation reaching the highest level since 2008.