Eurostat, the European Union statistics office, confirmed a preliminary estimate that euro zone gross domestic product (GDP) grew 0.6 percent from July to September from the previous quarter and on a year on year basis was 2.5 percent higher.
Its economy expanded 0.4% quarter-on-quarter and 1.5% year-on-year.
As a effect, analysts at Julius Baer expect the U.S. economy to outperform the eurozone in 2018 with 2.5% GDP growth, after being on par this year.
Among the bloc's biggest economies, Germany did best, racing ahead at a quarterly clip of 0.8%, up from 0.6% over the prior three-month stretch, while in Italy and Portugal growth accelerated from 0.3% to 0.5%. Seasonally adjusted German GDP rose 0.8 percent on the quarter, beating a consensus forecast of 0.6 percent, which was also the second-quarter growth rate.
Chance for Jadeja to reclaim top spot in Sri Lanka series
So it's a dream for us to win one this time. "Our focus is on winning the series against Sri Lanka now". We know the conditions but we are not taking Sri Lanka lightly though we had a good series there.
During the third quarter of 2017, GDP in the United States increased by 0.7% compared with the previous quarter (after +0.8% in the second quarter of 2017).
Meanwhile, in Spain GDP growth was unchanged at 3.1% on the year - despite the political upheavals in Catalonia - and Portugal it slowed from 3.0% to 2.5%.
Separately, Eurostat said euro zone industrial production fell by 0.6% month-on-month in September as expected by markets.
Next year, eurozone growth will remain solid as well, but should decelerate slightly to 2%. This may provide some comfort after Italy was left out of the World Cup for the first time in 60 years.