Eurozone Q4 GDP up 0.5%, as expectedStaff Writer | January 31, 2017
The eurozone's gross domestic product rose by 0.5% in the fourth quarter compared to the three months to September and 1.8% from the same quarter in 2015, according to a flash estimate by Eurostat.
Economy in Europe In the EU-28 group of nations, GDP rose by 0.6
In the EU-28 group of nations, GDP rose by 0.6% on the quarter and 1.9% on the year. GDP had grown 0.5% and 1.9%, respectively, in the third quarter.
Over the year as a whole, GDP grew by 1.7% in the euro area, down from a five-year high of 1.9% in 2015 but ahead of US growth of 1.6%. In the EU-28, GDP was up by 1.9% for the year. ■