BRUSSELS, Feb 14 Reuters Euro zone economic growth was flat in the last three months of the 2023 against the previous quarter and up 0.1 against the same period of 2022, Eurostat said on Wednesday, confirming its earlier preliminary estimate.
After euro zone output contracted 0.1 quarteronquarter in the third quarter, the result for the last three months is a narrow escape from a technical recession, defined as two consecutive quarters of negative growth.
The biggest economy Germany still contracted 0.3 quarter on quarter, second biggest France was flat and third biggest Italy grew 0.2 while the output of fourth biggest Spain jumped 0.6.
Reporting by Jan Strupczewski
Source Reuters