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Skyscrapers of the city center can be seen from the Lohrberg in the north of Frankfurt. Photo: Arne Dedert/dpa (Photo by Arne Dedert/picture alliance via Getty Images)
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The euro zone economy grew by a marginal 0.1% in the first quarter of the year, preliminary figures showed on Friday, even as Germany’s GDP flatlined over the period.
The print came in below analyst expectations, with a Reuters poll of economists previously forecasting quarterly growth of 0.2%. The economy expanded by 1.3% on an annual basis, just missing an outlook of 1.4%.
Earlier this month, statistics agency Eurostat had revised down its fourth-quarter 2022 GDP estimate…
Source cnbc.com
