Financial News: Eurozone GDP Growth Accelerates To 0.4%

Eurozone GDP Growth Accelerates To 0.4%

04/30/2025 - 05:50:00 (RTTNews)

(RTTNews) - Eurozone economic growth accelerated in the first quarter, preliminary flash estimates from Eurostat showed on Wednesday.

Gross domestic product expanded 0.4 percent sequentially, faster than the 0.2 percent growth seen in the fourth quarter of 2024. Economists had forecast the economy to grow again by 0.2 percent.

Year-on-year, economic growth held steady at 1.2 percent in the first quarter. This was also stronger than forecast of 1.0 percent.

Meanwhile, economic growth in the EU softened to 0.3 percent on a quarterly basis from 0.4 percent in the prior quarter. On a yearly basis, GDP growth remained unchanged at 1.4 percent.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Slovakia GDP Growth Eases As Estimated (28 min(s), 14 sec(s) ago)
(RTTNews) - Slovakia's economic growth moderated as initally estimated in the first quarter of ...Full Story»

Czech Industrial Output Grows Most In Over 2 Years, Trade Surplus Grows Sharply (43 min(s), 14 sec(s) ago)
(RTTNews) - The Czech Republic's industrial production expanded at the fastest pace in just ov ...Full Story»

U.S. Job Growth Slightly Exceeds Estimates In May (56 min(s), 14 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

Austrian GDP Recovers Slightly Less Than Estimated (51 min(s), 14 sec(s) ago)
(RTTNews) - Austria's economy logged a slight recovery in the first quarter, though at a slo ...Full Story»

U.S. Employment Jumps Slightly More Than Expected In May (48 min(s), 14 sec(s) ago)
(RTTNews) - Employment in the U.S. increased by slightly more than expected in the month of May, a ...Full Story»

France Industrial Output Falls 1.4% (41 min(s), 14 sec(s) ago)
(RTTNews) - France's industrial production declined for the first time in three months in Apri ...Full Story»

French Trade Gap Widens In April (37 min(s), 14 sec(s) ago)
(RTTNews) - France's trade deficit increased in April as exports fell faster than imports, dat ...Full Story»

Russia Central Bank Cuts Rate By 100 Bps (58 min(s), 14 sec(s) ago)
(RTTNews) - Russia's central bank slashed its benchmark rate unexpectedly by 100 basis points ...Full Story»