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Al Jazeera
Al Jazeera
Business

Eurozone growth slowed in final 3 months of 2021 as Omicron hit

People wait outside a post office a day before the COVID-19 'Green Pass' becomes obligatory to access many shops in Rome, Italy, where the economy grew 6.4 in 2021 after shrinking in 2020 due to coronavirus pandemic restrictions and lockdowns [Guglielmo Mangiapane/Reuters]

Eurozone economic growth slowed sharply in the final quarter of 2021, as a wave of Omicron infections, supply shortages and rising energy prices took a bite out of consumers’ purchasing power.

Gross domestic product (GDP) in the 19-country region grew 0.3 percent from October to December, said the European Union’s statistics office on Monday.

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