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Eurozone GDP Growth Slows On Consumption, Exports

The euro area economy expanded at a slower pace as initially estimated at the end of 2019 driven by weaker consumption and exports, a revised estimate published by Eurostat revealed on Tuesday.

Gross domestic product in the 19-nation bloc grew only 0.1 percent sequentially in the fourth quarter, following third quarter's 0.3 percent expansion. The rate matched the estimate published on February 14.

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by RTTNews Staff Writer

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