Eurozone GDP Down 0.6% QoQ in Q4 Last Year
[Asia Economy Reporter Seolgina Jo] Eurostat, the official statistical agency of the European Union (EU), announced on the 16th (local time) that the gross domestic product (GDP) of the Eurozone (19 countries using the euro) decreased by 0.6% quarter-on-quarter in the fourth quarter of last year. Compared to the same period last year, it decreased by 5.0%.
This slightly exceeded the initial market expectations. The fourth quarter Eurozone GDP was expected to decrease by 0.7% quarter-on-quarter and 5.1% year-on-year.
Hot Picks Today
![Hesitation Means Instant Overtaking... China's HBM Puts Samsung and SK hynix on High Alert [Chip Talk]](https://cwcontent.asiae.co.kr/asiaresize/93/2025021710490034501_1739756940.jpg)
Hesitation Means Instant Overtaking... China's HBM Puts Samsung and SK hynix on High Alert [Chip Talk]
- "Even If I Lose My Investment, the Government Will Cover It"... The Fund Attracting Retail Investors' Attention [Weekend Money]
- "I Turned It On Again Out of Frustration"... Chinese Youth Hooked on 20,000 Won AI Fortune-Telling Services [Z-World Now]
- There Is a Distinct Age When Physical Abilities Decline Rapidly... From What Age Do Strength and Endurance Drop?
- "Envious of Korean Daily Life"...Foreign Tourists Line Up in Central Myeongdong from Early Morning [Reportage]
On an annual basis for 2020, the Eurozone GDP was estimated to have decreased by 6.8% due to the impact of the COVID-19 pandemic. Eurostat also reported that the number of employed persons increased by 0.3% in the fourth quarter, following a 1.0% increase in the third quarter of last year.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
