Euro-Zone Economy Beats Estimates, Defying Trade Turmoil

The euro-area economy grew more than expected at the end of last year, demonstrating resilience to the trade turmoil unleashed by Donald Trump.

Fourth-quarter gross domestic product rose 0.3% from the previous three months — maintaining the pace it set in the previous period — Eurostat said Friday. Analysts in a Bloomberg survey had foreseen an increase of 0.2%.