Euro area GDP grew in line with expectations in the fourth quarter

By: Trademagazin editor Date: 2022. 01. 31. 11:02

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In line with market expectations, euro area gross domestic product (GDP) rose by 0.3 percent from a quarter earlier in the fourth quarter of last year, according to a preliminary report by the European Union’s statistical office, Eurostat, based on a narrow set of data.

Euro area GDP continues to grow

In the fourth quarter of last year, seasonally adjusted gross domestic product in the euro area grew by 0.3 percent, compared to the previous quarter. Quarterly growth was 2.3 percent in the third quarter, 2.2 percent in the second quarter, and a decrease of 0.2 percent was registered in the first quarter. (MTI)