Eurozone GDP grew more than expected in the second quarter
In the second quarter, the gross domestic product (GDP) in the euro area increased slightly more than expected, both quarterly and annually, based on Monday’s report by the statistical office of the European Union, Eurostat.
According to Eurostat’s preliminary data, the seasonally adjusted gross domestic product (GDP) in the euro area increased by 0.3 percent in the second quarter and remained unchanged in the EU 27 member states compared to the previous quarter. In the first quarter, the gross domestic product in the euro area did not change and in the EU it increased by 0.2 percent.
Compared to a year earlier, in the second quarter, GDP increased by 0.6 percent in the euro zone and by 0.5 percent in the EU. In the first quarter, the annual growth in both regions was 1.1 percent.
Related news
K&H Analyst Commentary: Inflation Surprised
April inflation was higher than expected. There is a lot…
Read more >GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >The tourism industry has declined – but it is still one of the best-performing sectors of the economy
The Tourism Business Index (TKI) stood at -6 points in…
Read more >Related news
The margin cap remains, NGM is satisfied
The government has also taken action against unjustified price increases…
Read more >Postponement came, preparation remained: this is how Hungarian companies are preparing for ESG obligations in light of the Omnibus
The postponement of the fulfillment of sustainability obligations creates an…
Read more >Quiet reorganization on the entrepreneurial map – the number of partnerships decreased further in April
In April 2025, the slow restructuring of the domestic entrepreneurial…
Read more >