One of the employees puts an element in the window in a delicious show in Piazza Campo Di Fiori in Rome, Italy, on Tuesday, December 6, 2016.
Bloomberg Bloomberg Gety pictures
The eurozone economy has seen zero growth in the fourth quarter, Flash numbers published by the European Union Statistics Agency showed Eurostat on Thursday.
Reuters economists expected 0.1 % growth during this period, after 0.4 % greater expansion in the third quarter.
Data comes at the mass level after publications, the worst growth of the largest economists in the eurozone, Germany and France. Earlier on Thursday, official data showed this GDP in Germany decreased by 0.2 % in the fourth quarterWhile France's economy It also shrunk a little during the same period. Italy's economy is also a quarter of a quarter of, Data showed earlier Thursday.
In a blatant contradiction, Spain's GDP grew 0.8 % in the fourth quarter, the country's statistics office INE He said Wednesday.
The European Central Bank sought to enhance economic activity and invest in the eurozone By implementing four benefits discounts last year. The European Central Bank is expected to be made Another 25 Basis trim when he meets later on Thursday To bring the main rate, facilitate the deposit, to 2.75 %.
Economists expect the central bank to make further cuts in interest rates this year, as fears of stalled growth of Trump about stubborn inflation in the mass.
In December, Central Bank expectations That the economy of the euro area will It grows by 1.1 % in 2025Saying that she expects to “weaken the gross domestic product in the euro area to some extent in the short term, amid great uncertainty.”
The Central Bank said in December: “The indicators based on activity -related survey, such as the Purchase Manager Index (PMI), and business confidence indicators and consumer from the European Commission, are still defeated.”
The European Central Bank expected the economy to grow by 0.2 % in the fourth quarter of 2024 as one -time factors that support growth last summer, such as the Paris Olympics, Talasht, and “wrong confidence, high uncertainty and geopolitical tensions.” The Central Bank expects that GDP growth will be 0.3 % in the first quarter of 2025.
Central bank policy makers will be familiar with inflationary pressure in the region, with the consumer price index in the euro area in recent months, 2.4 % arrive in December.
The basic inflation, which expels the prices of flying food and energy, has not changed at 2.7 % for the fourth month in a row. The central bank expects the mass inflation rate to reach 2.1 % this year.
