EMU: Annual GDP increased 0.5% in Q4

FXStreet (Barcelona) - Seasonally adjusted flash GDP data for the Eurozone revealed a 0.5% increase in the last quarter of 2013, following a 0.3% drop registered the previous quarter, Eurostat reported on Friday. This result is almost in line with forecasts of +0.4%.

Quarter-over-quarter Eurozone GDP climbed 0.3%, up from the 0.1% rise and slightly above expectations of 0.2% growth.