Eurozone Economy Sees Stagnant Growth in Q4, Avoids Technical Recession

Friday, 8 March 2024, 10:02

The Eurozone's Q4 final GDP figures show a 0.0% growth rate, maintaining the region's stagnant economic performance. With minimal growth year-on-year, the Eurozone narrowly avoids a technical recession. The past year has been challenging for the Eurozone economy, as it struggles to show any significant expansion.
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Eurozone Economy Sees Stagnant Growth in Q4, Avoids Technical Recession

Eurozone Q4 Final GDP Figures Confirm Stagnation

GDP +0.1% vs +0.1% y/y second estimate. This just confirms zero growth in the Euro area in the last quarter, after having marginally contracted in Q3 2023. It was a very poor year to say the least for the Eurozone but at least a technical recession is avoided, by the thinnest of margins.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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