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Eurozone GDP rises 0.1% QoQ in Q4 2024, beating the preliminary estimate

The Eurozone economy witnessed a growth of 0.1% in the quarter to December of 2024, surpassing the preliminary reading of 0%, the second estimate released by Eurostat showed on Friday.

The bloc’s Gross Domestic Product (GDP) increased at an annual rate of 0.9% in Q4 vs. the initial estimate of 0.9%, matching the market consensus.

Meanwhile, the Eurozone Employment Change for Q4 arrived at 0.1% quarter-on-quarter (QoQ) and 0.6% year-on-year (YoY).

Market reaction

The Eurozone data fails to provide a fresh boost to the Euro. At the press time, EUR/USD trades 0.12% higher on the day at 1.0478.

Euro PRICE Today

The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the US Dollar.

  USD EUR GBP JPY CAD AUD NZD CHF
USD   -0.15% -0.20% -0.17% -0.12% -0.32% -0.53% -0.14%
EUR 0.15%   -0.05% -0.02% 0.03% -0.18% -0.39% 0.01%
GBP 0.20% 0.05%   0.04% 0.08% -0.12% -0.33% 0.07%
JPY 0.17% 0.02% -0.04%   0.03% -0.17% -0.38% 0.01%
CAD 0.12% -0.03% -0.08% -0.03%   -0.22% -0.41% -0.02%
AUD 0.32% 0.18% 0.12% 0.17% 0.22%   -0.21% 0.18%
NZD 0.53% 0.39% 0.33% 0.38% 0.41% 0.21%   0.40%
CHF 0.14% -0.01% -0.07% -0.01% 0.02% -0.18% -0.40%  

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).

 

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