Free Intray Tip, Euro zone Q4 growth revised down to 0.4 pct.

BRUSSELS - The euro zone economy grew less than initially estimated in the last quarter of last year as industrial output recorded the worst fall in more than 4 years in December, estimates from the European Union's statistics office Eurostat showed on Tuesday.

Eurostat said the gross domestic product (GDP) of the 19 countries sharing the euro bloc grew 0.4 percent on the quarter in the last three months of 2016, revising down its earlier estimate, released on Jan 31, of a 0.5 percent rise.

It also revised down its estimate of GDP growth year-on-year to 1.7 percent in the fourth quarter from 1.8 percent.The revision was partly due to a large fall in industry output in December, which was 1.6 percent lower than in November, the steepest fall since September 2012 when it decreased by 1.9 percent.

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