• Eurozone’s economy expands at 0.6% in the first quarter

Noticias del mercado

29 abril 2016

Eurozone’s economy expands at 0.6% in the first quarter

Eurostat released its GDP growth figures for the Eurozone on Friday. Eurozone's preliminary flash gross domestic product (GDP) increased by 0.6% in the first quarter, after a 0.3% gain in the fourth quarter.

On a yearly basis, Eurozone's preliminary GDP rose by 1.6% in the first quarter, after a 1.6% gain in the fourth quarter.

Eurostat released no details of the component breakdown of GDP.

The U.S. economy grew 0.5% in the first quarter, after a 1.4% growth in fourth quarter.

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