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Sharp dip in oil prices boosts euro region's Q1 growth

France, Italy beat expectations while Germany falters

The French economy beat estimates with growth of 0.6 per cent, the fastest in almost two years, in what may mark the start of a more sustained economic revival after three years of sluggish growth.


EURO area growth quickened in the first quarter as stronger-than-predicted performances from France and Italy made up for weaker momentum in Germany.

Gross domestic product in the region rose 0.4 per cent in the first three months of the year after expanding 0.3 per cent