Eurozone economy grew 0.3% in fourth quarter

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Feb 12, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    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.
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