Euro area managed to grow at the end of the year, as initially estimated, raising hopes that the region could avert a technical recession, official data revealed Tuesday.
The currency bloc logged a quarterly expansion of 0.1 percent in the fourth quarter, which was unchanged from the previous estimate released on January 31, the statistical office Eurostat said.
The pace of growth slowed from 0.9 percent in the second quarter and 0.3 percent in the third quarter. The breakdown of GDP is currently unavailable. Eurostat publishes GDP estimate and main aggregates on March 8.
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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.