• Eurozone’s economy expands at 0.3% in the fourth quarter

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12 fevereiro 2016

Eurozone’s economy expands at 0.3% in the fourth quarter

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

On a yearly basis, Eurozone's preliminary GDP rose by 1.5% in the fourth quarter, in line with expectations, after a 1.6% gain in the third quarter.

Eurostat released no details of the component breakdown of GDP.

In 2015 as whole, GDP increased 1.5%.

The U.S. economy grew 0.2% in the fourth quarter, after a 0.5% growth in third quarter. On a yearly basis, the U.S. economy expanded at 1.8% in fourth quarter, after a 2.1% increase in the third quarter.

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