Investing.com – The euro zone’s economy grew in line with preliminary estimates in the fourth quarter of 2010, official data showed on Wednesday.
In a report, Eurostat said the euro zone’s gross domestic product rose by a seasonally adjusted 0.3% in the fourth quarter, unchanged from a preliminary estimate.
The report also showed that year-on-year, annualized seasonally adjusted GDP rose at a rate of 2.0% in the fourth quarter, unchanged from a preliminary estimate.
Following the release, the euro was up against the U.S. dollar, with EUR/USD gaining 0.48% to hit 1.4291.
In a report, Eurostat said the euro zone’s gross domestic product rose by a seasonally adjusted 0.3% in the fourth quarter, unchanged from a preliminary estimate.
The report also showed that year-on-year, annualized seasonally adjusted GDP rose at a rate of 2.0% in the fourth quarter, unchanged from a preliminary estimate.
Following the release, the euro was up against the U.S. dollar, with EUR/USD gaining 0.48% to hit 1.4291.