Financial News: Eurozone Economy Expands 0.1%

Eurozone Economy Expands 0.1%

05/13/2026 - 06:39:00 (RTTNews)

(RTTNews) - The euro area economy expanded marginally, as initially estimated, in the first quarter, data from Eurostat showed Wednesday.

Gross domestic product grew 0.1 percent sequentially, in line with estimate, slower than the 0.2 percent expansion seen in the fourth quarter.

On a yearly basis, GDP growth eased to 0.8 percent from 1.3 percent in the fourth quarter. The rate matched the estimate published on April 30.

Data showed that employment edged up 0.1 percent compared to 0.2 percent rise in the fourth quarter. The annual growth in employment slowed to 0.5 percent from 0.7 percent a quarter ago.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

UK Mortgage Approvals At 15-Month High (02 hr(s), 27 min(s), 58 sec(s) ago)
(RTTNews) - UK mortgage approvals rose to a 15-month high in April despite higher borrowing costs, ...Full Story»

Cyprus Q1 GDP Growth Confirmed At 3.0% (02 hr(s), 29 min(s), 58 sec(s) ago)
(RTTNews) - Cyprus' economic growth rate moderated in the first quarter of 2026, as estimated ...Full Story»

Greece Factory Growth Improves In May (03 hr(s), 19 min(s), 58 sec(s) ago)
(RTTNews) - Greece's manufacturing growth rebounded in May amid faster expansions in output an ...Full Story»

Croatia Inflation Eases To 5.2% In May (03 hr(s), 58 min(s), 58 sec(s) ago)
(RTTNews) - Consumer price inflation in Croatia eased in May from a 30-month high in the prior mon ...Full Story»

Eurozone Inflation Strongest Since 2023 (04 hr(s), 26 min(s), 58 sec(s) ago)
(RTTNews) - Euro area inflation accelerated to the highest since 2023 in May as the Middle East co ...Full Story»

Hong Kong Retail Sales Growth Eases In April (04 hr(s), 31 min(s), 58 sec(s) ago)
(RTTNews) - Hong Kong's retail sales growth moderated for the second straight month in April, ...Full Story»

Austria Inflation Rises To 5-month High In May (06 hr(s), 50 min(s), 58 sec(s) ago)
(RTTNews) - Austria's consumer price inflation increased further in May to the highest level i ...Full Story»

Hungary Q1 GDP Growth Confirmed At 1.7% (07 hr(s), 36 min(s), 58 sec(s) ago)
(RTTNews) - Hungary's economy expanded at a faster pace in the first quarter of 2026, as estim ...Full Story»