Eurozone's gross domestic product (GDP) stood flat in the fourth quarter of 2024 when compared to the previous three-month period, the European Union's statistical office Eurostat revealed on Thursday in its first flash estimate.
In the entire European Union, the reading was up 0.1% for the same period, quarter on quarter. Meanwhile, year over year, GDP growth was at 0.9% in the euro area and at 1.1% in the EU. For the entire 2024, the economy in the euro area gained 0.7% and 0.8% in the EU.
By state, Italy registered the highest increase in the fourth quarter, with its economy rising 1.5% quarter on quarter. Meanwhile, Ireland registered the largest fall, with its gross domestic product tumbling 1.3%
