The euro area economy expanded at a slower pace as initially estimated at the end of 2019 driven by weaker consumption and exports, a revised estimate published by Eurostat revealed on Tuesday.
Gross domestic product in the 19-nation bloc grew only 0.1 percent sequentially in the fourth quarter, following third quarter's 0.3 percent expansion. The rate matched the estimate published on February 14.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.