Economic news

Euro zone economy grew 2.5% in 2017

Euro zone GDP surged 2.5%, its fastest pace since 2007, Eurostat reported. Economic growth in the 19 countries that use the single currency increased 0.6% percent quarter-on-quarter in the last three months of 2017.

In quarterly terms, economic growth in the euro zone extended for 19 consecutive quarters. According to revised data, economy surged 0.7% in the third quarter.

Economic sentiment in the euro area declined in January to 114.7 from a 17-year peak of 115.1 scaled in December, European Commission said.

To leave a comment you must or Join us

More news

Back to economic news list

By visiting our website and services, you agree to the conditions of use of cookies. Learn more
I agree