Euro area narrowly escaped a shrinkage in the fourth quarter, but the growth remained modest on weaker consumer spending amid high inflation.
Gross domestic product grew 0.1 percent sequentially after rising 0.3 percent in the third quarter, preliminary flash estimates from Eurostat showed on Tuesday. Economists had forecast the single currency bloc to shrink 0.1 percent.
On a yearly basis, the economy grew at a slower pace of 1.9 percent, following the third quarter's 2.3 percent growth. Nonetheless, the rate was slightly above economists' forecast of 1.8 percent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.