• Eurozone's revised GDP climbs 0.5% in first quarter

Market news

13 May 2016

Eurozone's revised GDP climbs 0.5% in first quarter

Eurostat released its revised gross domestic product (GDP) data for the Eurozone on Friday. Eurozone's revised GDP rose 0.5% in first quarter, down from the preliminary reading of a 0.6% increase, after a 0.3% gain in the fourth quarter.

On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 1.5% in fourth quarter, down from the preliminary reading of a 1.6% growth, after a 1.6% rise in the fourth quarter.

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