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Eurozone economy grows less than expected in Q4

Staff Writer |
The Eurozone economy grew less than initially estimated in the fourth quarter, according to the latest data from Eurostat.

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Gross domestic product rose 0.4% compared to the previous quarter, down from the 0.5% estimated back in January and in line with the third quarter figures. Analysts had expected 0.5% growth.

On the year, GDP grew by 1.7%, down from the 1.8% increase estimated last month and from the 1.8% rise in the third quarter.

In the EU-28 group of nations, GDP rose by 0.5% on the quarter and 1.8% on the year.

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