RSS   Newsletter   Contact   Advertise with us

Eurozone economy grows less than expected in Q4

Share on Twitter Share on LinkedIn
Staff Writer | February 15, 2017
The Eurozone economy grew less than initially estimated in the fourth quarter, according to the latest data from Eurostat.
Eurozone economy grows
European economy   According to Eurostat
Gross domestic product rose 0.4% compared to the previous quarter, down from the 0.5% estimated back in January and in line with the third quarter figures. Analysts had expected 0.5% growth.

On the year, GDP grew by 1.7%, down from the 1.8% increase estimated last month and from the 1.8% rise in the third quarter.

In the EU-28 group of nations, GDP rose by 0.5% on the quarter and 1.8% on the year.