Euro area economy grows by 0.3% in Q4 as expected

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Euro area economy grows by 0.3% in Q4 as expected
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Euro area economy grows by 0.3% in Q4 as expected By eren_fxstreet Europe GDP Growth Macroeconomics

y basis in the fourth quarter. This print came in line with the initial estimate and the market expectation. Compared with the same quarter of the previous year, GDP grew by 4.6%.

Other data from the euro area revealed that the Employment Change in the fourth quarter was up 0.5%, matching analysts'These data don't seem to be having a noticeable impact on the shared currency's performance against its rivals. As of writing, EUR/USD was up 0.25% on the day at 1.0880. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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