Wednesday, February 15, 2012

Euro Area Q4 'Flash' GDP at -0.3% q/q, First Negative Reading Since Q2 2009

"Via email from Barclays Capital : Euro Area Q4 'Flash' GDP at -0.3% Quarter Over Quarter
Eurostat has estimated that euro area GDP contracted by 0.3% q/q in Q4 in its "flash" form (BC & consensus: -0.4% q/q). This is the first negative reading since Q2 09 (-0.2% q/q), and the most negative since Q1 09 (-2.7% q/q)..."
at  http://globaleconomicanalysis.blogspot.com/2012/02/euro-area-q4-flash-gdp-at-03-qq-first.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29