ECONOMY Euro zone economy ekes out 0.1% growth in first quarter, misses expectations as Germany stagnates
2023-04-28 19:09:56 source：CNBC
April 28, 2023
The euro zone economy grew by a marginal 0.1% in the first quarter of the year, preliminary figures showed on Friday, even as Germany’s GDP flatlined over the period.
The print came in below analyst expectations, with a Reuters poll of economists previously forecasting quarterly growth of 0.2%. The economy expanded by 1.3% on an annual basis, just missing an outlook of 1.4%.
Earlier this month, statistics agency Eurostat had revised down its fourth-quarter 2022 GDP estimate for the euro zone from 0.1% quarterly growth to no growth, following 0.4% growth in the third quarter.
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