The euro zone’s economy grew in line with previous estimates in the second quarter of 2013 as the region exited recession, according to Eurostat data. The European Commission’s data office said that the euro zone’s gross domestic product (GDP) grew by a seasonally adjusted 0.3% in the three months to June, unchanged from its preliminary estimate. The region’s economy had shrunk 0.3% in the preceding quarter. However, Germany’s Sentix research group said its index that tracks investor “morale� in the euro zone this month slipped to 6.1 points from 6.5 points in September. "After that record-breaking leap, there was a small drop of 0.4 points in October and that should be interpreted as stabilisation at a level that is now healthy again," Sentix said in a statement. "That means annual gross domestic product (GDP) growth in the euro zone probably normalised in the current quarter because if the overall index has a value of zero, it means that optimism and pessimism about the economy are in balance."

Source