EUR: Tied to 1.12, but Looking up – ING
- In the first quarter of 2025, the eurozone's GDP increased by 0.3% from the preceding quarter, maintaining the region’s ongoing economic growth.
- This growth followed a period of economic contraction in Portugal and Slovenia, which shrank by-0.5% and-0.8% respectively in the same quarter.
- Industrial production surged 2.6% in March, marking the sharpest monthly gain since November 2020, driven by strong capital goods output and export activity.
- Ireland led industrial growth with a 14.6% output increase and posted the highest quarterly GDP growth of 3.2% among member states in early 2025.
- The growth and improving labour market come amid global trade tensions, including US tariffs that may slow future expansion and complicate EU-US trade relations.
16 Articles
16 Articles
Eurozone economy maintains dynamism despite Trump’s first tariffs
The eurozone economy has maintained the tone during the first quarter of the year, marked by the announcement of Donald Trump’s first tariffs, despite the fact that growth has been a tenth lower than originally estimated by Eurostat. Specifically, the statistical agency picks up an expansion for the single currency region of 0.3% compared to the last quarter of 2025, a tenth lower than initially estimated. The data is similar for the entire Euro…
Economic Day by Day: Who Is the Leader and Who Fails in European Economic Growth?
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Eurozone grows 0.3% at the start of the year, industrial output soars
Eurozone grows 0.3% at the start of the year, industrial output soarsEurozone GDP grew 0.3% in the first quarter of 2025, with strong gains in Ireland and Spain. Employment rose 0.3%, beating forecasts. March industrial output surged 2.6%, the fastest in five years. The eurozone economy expanded by 0.3% in the first quarter of 2025 on a quarter-over-quarter basis, according to a second estimate from Eurostat […] The post Eurozone grows 0.3% at t…
Nor is the European economy very good. Eurostat: Economic growth of 0.3% in the first quarter
Eurostat's joint data show that neither the European economy is good, showing an economic growth for the euro area and the European Union 0.3% in the first quarter, while Romania's economy has slowed down.
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