Q4 2016 Eurozone GDP revision 7 March 2017

  • Flash 0.4%

  • 1.7% vs 1.7% exp y/y. Flash 1.7%

  • Gross fixed capital formation 0.6% vs 0.6% exp q/q. Prior 0.2%. Revised to -0.7%

  • Consumption 0.4% vs 0.5% exp q/q. Prior 0.3%

  • Government expenditure 0.4% vs 0.4% exp q/q. Prior 0.5%. Revised to 0.1%

  • EU28 states 0.5% vs 0.4% flash q/q. Prior 0.2%

  • 1.9% vs 1.8% flash y/y. Prior 1.9%

No change on the flash and not exactly inspiring numbers in the underlying details. Consumption highlights the weakness of the consumer in Europe right now.

Eurozone GDP