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.

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
The pace of consumer price inflation in the euro area slowed in February
Annual inflation in the euro zone fell slightly less than…
Read more >The GKI expects economic growth of 2-2.5% in 2025
GKI Economic Research Ltd. forecasts GDP growth of 2-2.5% for…
Read more >German GDP fell in the fourth quarter
Germany’s gross domestic product (GDP) fell by 0.2 percent in…
Read more >
More related news >
Related news
Margin is very much not profit
The government announced that it would introduce a margin cap…
Read more >Margin freeze in Hungary: Who is affected and is government intervention really justified?
The Hungarian government will introduce a margin restriction on certain…
Read more >China’s retail sales skyrocket in the first two months of the year
China’s industrial output grew 5.9 percent year-on-year in the first…
Read more >