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GDP up by 0.3 pct in eurozone in Q4

Xinhua, February 12, 2016 Adjust font size:

Seasonally adjusted GDP rose by 0.3 percent in both the 19-country eurozone and the wider 28-member European Union (EU) during the fourth quarter (Q4) of 2015, compared with the previous quarter, the EU said Friday.

Releasing its flash estimate on the GDP growth in Q4 last year, the Eurostat, or the EU statistical office, also said by annual comparison, seasonally adjusted GDP rose by 1.5 percent in the euro area and by 1.8 percent in the EU in Q4.

Moreover, the Eurostat said over the whole year 2015, GDP rose by 1.5 percent in the euro area and by 1.8 percent in the EU.

In Q3 of 2015, in the eurozone and the EU GDP grew by 0.3 percent and 0.4 percent month-on-month, and by 1.6 percent and 1.9 percent year-on-year, respectively, the Eurostat said. Endit