Market Updates: Eurozone Releases Revised GDP with 0.2% Rise

As per the Eurostat, the European GDP climbed by 0.2% in the Euro area (EA19) and by 0.3% in the EU28 during Q4 2018, compared with the previous quarter.

In Q3 2018, GDP had expanded by 0.1% in the Euro area and by 0.3% in the EU28. Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.1% in the Euro area and by 1.4% in the EU28 in Q4 2018, after +1.6% and +1.8% respectively in the previous quarter.