The euro area economy grew at a slower pace in the fourth quarter due to the restrictions imposed by the member countries amid the spread of the Omicron variant of the coronavirus, preliminary flash estimate from Eurostat showed on Monday.
Gross domestic product grew 0.3 percent sequentially, slower than the 2.3 percent expansion seen in the third quarter. The rate came in line with economists' expectations.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.