13 Feb 2015
Eurozone GDP slightly stronger than expected in fourth quarter 2014
FXStreet (London) - Seasonally adjusted GDP rose by 0.3 percent in the Eurozone and by 0.4 percent in the EU during the fourth quarter of 2014, compared with the previous quarter, according to flash estimates published by Eurostat, the statistical office of the European Union.
The growth was slightly stronger than expected, with consensus expectations of a 0.2 percent growth in the fourth quarter.
In the third quarter of 2014, GDP grew by 0.2 percent in the Eurozone and by 0.3 percent in the EU. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 0.9 percent in the Eurozone and by 1.3 percent in the EU in the fourth quarter of 2014, after +0.8 percent and +1.3 percent respectively in the previous quarter.
During the fourth quarter of 2014, GDP in the United States increased by 0.7 percent compared with the previous quarter (after +1.2 percent in the third quarter of 2014). Compared with the same quarter of the previous year, GDP grew by 2.5 percent (after +2.7 percent in the previous quarter). Over the whole year 2014 , GDP rose by 0.9 percent in the Eurozone and by 1.4 percent in the EU.
The growth was slightly stronger than expected, with consensus expectations of a 0.2 percent growth in the fourth quarter.
In the third quarter of 2014, GDP grew by 0.2 percent in the Eurozone and by 0.3 percent in the EU. Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 0.9 percent in the Eurozone and by 1.3 percent in the EU in the fourth quarter of 2014, after +0.8 percent and +1.3 percent respectively in the previous quarter.
During the fourth quarter of 2014, GDP in the United States increased by 0.7 percent compared with the previous quarter (after +1.2 percent in the third quarter of 2014). Compared with the same quarter of the previous year, GDP grew by 2.5 percent (after +2.7 percent in the previous quarter). Over the whole year 2014 , GDP rose by 0.9 percent in the Eurozone and by 1.4 percent in the EU.