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Eurozone GDP grows 0.1% in Q4 2024, exceeding forecasts.

14.02.2025 11:05

Here's a re-written version of the news article, using varied sentence structures and aiming for richer language:

**Eurozone Economy Edges Past Expectations with Slight Q4 Growth**

According to a revised estimate released by Eurostat this Friday, the Eurozone economy demonstrated a modest upswing during the final quarter of 2024, expanding by 0.1%. This figure narrowly surpasses the initial projection of 0% growth, signaling a slightly more resilient economic performance than initially anticipated.

Furthermore, the bloc's overall economic output, as measured by Gross Domestic Product (GDP), experienced an increase of 0.9% on an annualized basis for the same period. This annual growth rate aligns precisely with both the preliminary assessment and prevalent market forecasts, indicating a confirmation of earlier economic indicators.

In parallel, data pertaining to employment within the Eurozone revealed a quarterly and annual increase of 0.1% and 0.6% respectively for Q4. These figures paint a picture of steady, albeit unspectacular, progress in the labor market.

**Currency Market Response Remains Muted**

Despite the marginally improved economic figures, the Euro has struggled to gain significant traction. As of the time of reporting, the EUR/USD pair is trading at 1.0478, reflecting a mere 0.12% increase for the day, suggesting that the data has not triggered a substantial shift in market sentiment. The Euro's comparative strength against other major currencies is visualized below, revealing its position as the strongest performer against the US Dollar in intraday trading.