The euro area economy grew at a slower-than-estimated pace in the fourth quarter as net trade held back growth, final data from Eurostat showed Friday.
Gross domestic product rose 0.2 percent sequentially, which was revised down from 0.3 percent estimated previously. The economy had expanded 0.3 percent in the third quarter and 0.1 percent in the second quarter.
On a yearly basis, GDP expanded 1.2 percent, slower than the 1.4 percent rise in the third quarter. The fourth quarter rate was revised down from the initial estimate of 1.3 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.