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Both EU and euro zone GDP fell significantly in Q4 [ClearOnMoney]
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Both EU and euro zone GDP fell significantly in Q4

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Commentary

Both EU and euro zone GDP fell significantly in Q4

16 Feb 2012 by Jim Fickett.

Yesterday Eurostat released its first estimate of Q4 GDP. The European Central Bank maintains the historical data series. GDP fell from Q3 to Q4 in both the euro zone and the broader European Union. Looking over the historical record, it is clear that an actual fall is quite unusual, and hence significant.