Eurozone Q3 GDP revised upwards

Economic growth for the eurozone economy in the third quarter has been revised upwards from preliminary estimates, driven by fixed capital investment and household spending.

Gross domestic product rose by 0.3% in the three months to September 30, slightly more than the 0.2% preliminary estimate, according to data released Wednesday by Eurostat.

Household spending added 0.4 percentage points to eurozone growth and gross fixed capital formation 0.8 points.

Reporting by Frank Prenesti for Sharecast.com