Economic growth of the eurozone slowed somewhat in the last quarter of last year, according to data released recently by the European Statistics Office, but it was in line with market expectations.
Gross Domestic Product (GDP) grew by 0.6% from a previous 0.7%. Household spending slowed by 0.2% from 0.3%, with government spending falling from 0.4% to 0.3%. On an annualized basis, GDP growth remained stable at 2.7%.
In the same context, gross fixed capital increased by 0.9%, down 0.2% from the Q3. While exports and imports rose by 1.9% and 1.1%, respectively.
