Eurozone GDP confirms the first estimate of 0% QoQ in Q4

The Eurozone economy stalled on a quarterly basis in the three months to December of 2023, meeting the 0% estimates while confirming the preliminary reading of 0%, the second estimate published by Eurostat showed on Wednesday.

The bloc’s GDP rate climbed 0.1% YoY in Q4 vs. 0.1% recorded in Q3 and 0.1% expected.