Eurozone Economy Slowed to Just 0.1% in Q4
Economic growth for 2019 was revised down in the Eurozone today
Skerdian Meta•Friday, February 14, 2020•1 min read
The Eurozone GDP report was released a while ago this morning, from Eurostat. This is the second estimate for Q4 of 2019 and shows that growth has slowed considerably in Q4. Economic growth for 2019 was also revised lower to 0.9% from 1.0% previously.
Latest GDP Data Released by Eurostat – 14 February 2020
- Eurozone Q4 GDP second reading +0.1% vs +0.1% q/q prelim
- GDP +0.9% vs +1.0% y/y prelim
Eurozone Trade Report
- Eurozone December trade balance €22.2 billion vs €19.3 billion expected
- Prior €19.2 billion; revised to €19.1 billion
- Non-seasonally adjusted trade balance €23.1 billion
- Prior €20.7 billion
Eurozone Employment Change Report
- Eurozone December flash employment change QoQ 0.3%
- November employment change 0.1%
Employment has improved a bit, increasing by 0.3% in December. But, considering the impact of coronavirus, employment might suffer in the coming months, although the biggest impact will be felt on the broader economic growth. This was the wrong time for coronavirus to strike.
- Check out our free forex signals
- Follow the top economic events on FX Leaders economic calendar
- Trade better, discover more Forex Trading Strategies
- Open a FREE Trading Account
ABOUT THE AUTHOR
See More
Skerdian Meta
Lead Analyst
Skerdian Meta Lead Analyst.
Skerdian is a professional Forex trader and a market analyst. He has been actively engaged in market analysis for the past 11 years. Before becoming our head analyst, Skerdian served as a trader and market analyst in Saxo Bank's local branch, Aksioner. Skerdian specialized in experimenting with developing models and hands-on trading. Skerdian has a masters degree in finance and investment.
Related Articles
Comments
Subscribe
Login
Please login to comment
0 Comments
Oldest
Sidebar rates
Related Posts
Save
Join 350 000+ traders receiving Free Trading Signals
Alerts
Rates
Calendar
Signals