The Magazine for Asian Investors
GDP in the eurozone increased by 0.3% QoQ in the fourth quarter of 2021, the same increase as in the third quarter.
On an annual basis, GDP increased by 4.6% in Q4, which was also in line with analysts’ expectations.
The trade balance in the eurozone fell to -4.6 billion euros in December from -1.4 billion euros in November.
In addition, European ZEW economic sentiment fell to 48.6 in February from 49.4 in January. The index of the Zentrum für Europaeische Wirtschaftsforschung Economic Sentiment Index measures the relative six-month outlook for the eurozone.
Eurozone includes the countries Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia, and Finland.