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Eurostat released its GDP growth figures for the Eurozone on Friday. Eurozone's preliminary flash gross domestic product (GDP) increased by 0.6% in the first quarter, after a 0.3% gain in the fourth quarter.
On a yearly basis, Eurozone's preliminary GDP rose by 1.6% in the first quarter, after a 1.6% gain in the fourth quarter.
Eurostat released no details of the component breakdown of GDP.
The U.S. economy grew 0.5% in the first quarter, after a 1.4% growth in fourth quarter.
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