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Eurozone’s Economy Expanded 1.5% in Fourth Quarter
The combined gross domestic product of the 19-member eurozone grew 1.5% in fourth quarter of 2015, according to an initial estimate by Eurostat, the EU’s data office.
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The combined gross domestic product of the 19-member eurozone grew 1.5% in fourth quarter of 2015, according to an initial estimate by Eurostat, the EU’s data office.
The agency says the 28-nation EU’s economy expanded by 1.8% compared with the year-earlier period. The quarterly growth rates for both regions were 0.1 point lower than in the third quarter of 2015.
For the full year, Eurostat estimates GDP rose by 1.5% in the euro area and 1.8% in the EU28. The office will update its figures on March 8.
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