Economy

Euro zone GDP Q4 2022

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The latest euro zone growth numbers are out as the ECB considers what to do next.

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The euro zone beat expectations on Tuesday by posting positive growth in the final quarter of 2022 and reducing fears of a potential regional recession.

Preliminary Eurostat data released Tuesday showed that the euro zone grew 0.1% in the fourth quarter. Economists had pointed to a 0.1% contraction over the same period, according to Reuters.

The latest figures come after the euro area posted a 0.3% GDP increase for the third quarter of last year.

The region has been under significant pressure in the wake of Russia’s invasion of Ukraine, as high food and energy costs compounded…



Source cnbc.com

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