12 Feb 2016
Eurozone economy grew 0.3% in fourth quarter
According the flash estimate published by Eurostat today showed the 19-country Eurozone expanded by a quarterly rate of 0.3% in Q4 2015.
Over the whole of 2015, the Eurozone grew 1.5%; its highest level since 2011. The economy’s performance in Q4 still looks weak when viewed in the light of cheap energy, a weaker currency and monetary stimulus.
Earlier today, an official data showed Germany's economy expanded by 0.3% in the final quarter of 2015 but the rate of growth was held back by weak trade.
Over the whole of 2015, the Eurozone grew 1.5%; its highest level since 2011. The economy’s performance in Q4 still looks weak when viewed in the light of cheap energy, a weaker currency and monetary stimulus.
Earlier today, an official data showed Germany's economy expanded by 0.3% in the final quarter of 2015 but the rate of growth was held back by weak trade.