US EditionEurozone GDP Growth Revised up to 0.6% in First Quarter
- Eurozone GDP growth for the first quarter of 2025 was revised sharply higher to 0.6 percent, indicating stronger economic expansion.
- This revision followed May's estimate of 0.3 percent and was driven by better-than-expected growth in Germany and an exceptional rise in Ireland.
- The revised data from Eurostat also showed increased investments by 1.8 percent, stable household consumption, and a mixed employment picture with a 0.2 percent rise in the eurozone.
- Market reactions included a surge in European equities and a rise in the odds of the ECB holding interest rates steady, currently estimated at 82 percent.
- Despite the positive revision, experts warn that tariff uncertainties and trade tensions may weaken growth for the remainder of 2025.
51 Articles
51 Articles
Austria's GDP grew in the first quarter. But pssst: only compared to the previous quarter.
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Eurozone GDP growth revised up to 0.6% in first quarter
The eurozone economy expanded at a significantly faster pace than estimated in the first three months of 2025, official data showed Friday, thanks to better-than-expected growth in Germany and strong output in Ireland.
The European Union's economy grew by 0.6 percent in the first quarter, according to seasonally adjusted data, compared to the previous three months, from 0.4 percent at the end of last year. The EU's statistical office Eurostat announced this in a revised report on Friday. It significantly improved its previous estimate, which had called for growth of 0.3 percent.
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