The euro area economy stagnated at the end of 2023, as initially estimated, and avoided a technical recession.
Gross domestic product flat-lined sequentially, following a 0.1 percent fall in the third quarter, revised data from Eurostat showed on Friday.
The fourth quarter's rate matched the estimate published on February 14.
Confirming the annual growth, the statistical office said the currency bloc grew 0.1 percent, the same pace of growth as seen in the preceding period.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.