Eurozone Q3 GDP beats expectations but the growth surprise comes with a catch

Eurozone Q3 preliminary GDP +0.4% vs +0.2% q/q expected Prior +0.6% Eurozone Q3 preliminary GDP +1.3% vs +1.1% y/y expected Prior +1.2% Well, well, well. Would you look at that. The euro area economy has managed to pull a rabbit out of the hat, delivering a better-than-expected…