Euro-Area Economy Posts Strong 2017 Finish Buoyed by ECB
- Gross domestic product increased 0.6 percent in fourth quarter
- Economic confidence remained close to 17-year high in January
This article is for subscribers only.
The euro-area economy finished off last year with another quarter of robust growth, and confidence among businesses and households suggests there’s no slowdown in sight.
Gross domestic product rose 0.6 percent in the three months through December, in line with forecasts and marking a 19th straight expansion. The French and Spanish economies, two of the bloc’s largest, both recorded similarly solid rates of growth.