Trademagazin > News and articles > Market News > Euro area GDP grew faster than previously estimated
Euro area GDP grew faster than previously estimated
On a quarterly basis, euro area gross domestic product grew at a higher rate than in the preliminary estimate and in the previous quarter, according to a report by Eurostat, the statistical office of the European Union announced on Wednesday.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2021/09/euro-ok.jpg)
Economic growth in the euro area comes as a surprise
In the first quarter, seasonally adjusted gross domestic product (GDP) grew by 0.6 percent in the euro area and by 0.7 percent in the European Union, compared with the previous quarter.
In the fourth quarter of last year, quarterly euro area and EU GDP growth was 0.2 percent. (MTI)
Related news
Company trend in 2024: a more positive half-year, but still a negative message
The lowest number of companies in the last five years…
Read more >A new approach to corporate management is taking over: this is how you can prepare your company for the AI era
The corporate sector is barely past the agile transition, the…
Read more >Retail sales increased in the euro area and the European Union in May
Retail sales in the euro area and the European Union…
Read more >
More related news >
Related news
VOSZ Barometer – 2024. II. quarter: mandatory optimism or real growth?
The perception of inflation is still present in domestic companies,…
Read more >Fidelity: Three themes shaping investments in Q3
Has the post-epidemic normalization that we have been waiting for…
Read more >Large companies are resistant to economic uncertainty
Restrained expectations characterize the domestic corporate sector for the next…
Read more >