Net exports, investment and consumption drove euro zone economic growth in the last quarter of 2018, data showed on Thursday, offseting a sharp drop in inventories.
The European Union’s statistics office Eurostat confirmed its earlier estimate that gross domestic product in the 19 countries sharing the euro rose 0.2 percent quarter on quarter in the October-December period.
It revised down to 1.1 percent the year-on-year number for the fourth quarter from 1.2 percent estimated in February. The numbers confirm a slowdown in the euro zone economy from the more robust growth rates in the first and second quarters of 2018.
