Trademagazin > News and articles > Market News > Economic growth in the euro area was better than expected
Economic growth in the euro area was better than expected
Economic growth in the euro area performed better than expected in the first quarter, according to a flash estimate by the European Union’s statistical office. GDP growth exceeded the previous quarter and analysts ’forecasts on both a quarterly and annual basis. Hungarian GDP growth was well above the EU average.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2021/09/euro-ok.jpg)
EU and euro area grow above 5 percent year-on-year in first quarter
In the first quarter of this year, seasonally adjusted gross domestic product (GDP) grew by 0.3 percent on a quarterly basis in the euro area and 0.4 percent in the EU. Analysts expected a 0.2 percent quarterly increase in the eurozone in the first quarter. (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 >The European Union’s regulation on artificial intelligence has been announced
Today, the EU Regulation on Artificial Intelligence (“AI Regulation”) was…
Read more >
More related news >
Related news
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 >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 >