Mexican Media Brands
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.
#economics
Share
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.
RELATED CONTENT
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
On Global EV Sales, Lean and the Supply Chain & Dealing With Snow
The distribution of EVs and potential implications, why lean still matters even with supply chain issues, where there are the most industrial robots, a potential coming shortage that isn’t a microprocessor, mapping tech and obscured signs, and a look at the future
-
Fuel Economy Gains in July
What you’re looking at here is a sales-weighted fuel economy chart (the numbers in the white boxes represent miles per gallon) that was put together by two diligent researchers, Michael Sivak and Brandon Schoettle, of the University of Michigan Transportation Research Institute.