Charting the Global Economy: Europe, World Weathering Tariffs Better Than Expected

The euro-area economy expanded more in the third quarter than initially reported, representative of a broader trend of the global economy proving resilient in the face of erratic US tariff policy.

Output rose 0.3% from the previous three months, more than the 0.2% preliminary estimate from Eurostat. The global economy is also performing better than expected, thanks to strong investment in artificial intelligence and supportive fiscal and monetary policies, the OECD said.