Eurozone economy grows 0.4% in Q1 as expected
Higher government and consumer spending as well as a pickup in investment reportedly supported Q1 growth in the region. Government spending rose 0.6% in the first three months after edging up 0.1% in the previous quarter. However, export growth slowed to 0.6% following an increase of 0.8% in the previous quarter while import growth accelerated to 1.2% from 0.8%.
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