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    08.03.2016 10:40 Eurozone's revised GDP climbs 0.3% in fourth quarter

    Eurostat released its revised gross domestic product (GDP) data for the Eurozone on Tuesday. Eurozone's revised GDP rose 0.3% in fourth quarter, in line with the preliminary reading, after a 0.3% gain in the third quarter.

     

    On a yearly basis, Eurozone's revised gross domestic product (GDP) increased 1.6% in fourth quarter, up from the preliminary reading of 1.5%, after a 1.6% rise in the third quarter.

     

    Household spending gained 0.2% in the fourth quarter, while gross fixed capital formation climbed 1.3%.

     

    Exports climbed by 0.2% in the fourth quarter, while imports rose by 0.9%.

     

    In 2015 as whole, GDP increased 1.6%, up from the preliminary reading of 1.5%, after a 0.9% growth in 2014.


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