Eurozone economy beats estimates as Q4 GDP rises 0.3%BloombergThe eurozone economy grew more than expected at the end of last year, with fourth-quarter GDP rising 0.3 percent from the previous three months — maintaining the pace it set in the previous period — Eurostat said yesterday. Germany, Italy and Spain all surpassed estimates, with the latter proving the standout performer once again through expansion of 0.8 percent. In Germany, household and government consumption drove growth of 0.3 percent from October to December last year. However, fourth-quarter investment rose by 0.2 percent, while consumer spending growth accelerated to 0.3 percent. For last year, GDP rose 0.9 percent.
