Latest Q4 reading now out

  • +0.3% prev
  • yy SA +1.65 vs 1.5% exp/prev
  • gross fixed cap qq +1.3% vs +0.6% exp vs 0.4% prev revised up from 0.0%
  • govt expenditure qq +0.6% vs +0.4% exp vs +0.3% prev revised down from +0.6%
  • household expenditure qq +0.2% vs +0.3% exp vs +0.5% prev revised up from +0.4%

Better data overall giving ECB more cheer this morning but euro still going nowhere fast.

Eurozone Q4 GDP YY