Eurozone economy rebounds by 5.2% in 2021 after recession

News Image

MG News | January 31, 2022 at 03:43 PM GMT+05:00

January 31, 2022: The eurozone economy grew by a robust 5.2 percent last year, official data said on Monday, but fallout from the Omicron variant and an energy crunch have raised doubts about the bloc's ability to sustain the pace.

Growth in 2021 failed to fully recover from the previous historic recession of 6.4 percent, data from the EU's official Eurostat agency showed. The full 27-country EU economy grew by 5.9 percent.

AFP/APP

Related News

Name Price/Vol %Chg/NChg
KSE100 179,571.27
436.67M
1.06%
1878.35
ALLSHR 108,600.94
844.23M
1.00%
1073.54
KSE30 53,548.42
162.02M
0.99%
525.53
KMI30 256,725.70
154.74M
0.76%
1936.43
KMIALLSHR 70,620.69
563.61M
0.98%
683.55
BKTi 48,625.03
36.31M
1.37%
658.39
OGTi 37,179.52
8.29M
0.94%
345.85
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 59,740.00 63,160.00
58,995.00
-2625.00
-4.21%
BRENT CRUDE 73.32 77.00
73.07
-3.76
-4.88%
RICHARDS BAY COAL MONTHLY 115.00 0.00
0.00
0.50
0.44%
ROTTERDAM COAL MONTHLY 126.50 126.50
125.90
0.50
0.40%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 70.05 73.18
69.63
-3.16
-4.32%
SUGAR #11 WORLD 14.01 14.09
13.81
0.06
0.43%

Chart of the Day


Latest News
June 24, 2026 at 06:36 PM GMT+05:00

Shifa earns historic dual JCI honor


June 24, 2026 at 06:15 PM GMT+05:00

SCRA balance drops Rs915m to Rs26.3bn


June 24, 2026 at 05:00 PM GMT+05:00

Pakistan showcases basmati, eyes deeper EU trade ties



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg