FRANKFURT—The eurozone eked out growth in the final three months of 2022, managing to avoid a recession even as sky-high energy costs, waning confidence, and rising interest rates took a toll on the economy that is likely to persist into this year.
Gross domestic product across the currency bloc expanded by a tiny 0.1 percent in the fourth quarter, data from Eurostat showed on Tuesday, outperforming expectations in a Reuters poll for a 0.1 percent drop. Compared to a year earlier, growth was 1.9 percent, just beating expectations of 1.8 percent.
