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Luxembourg Sees EU’s Biggest Slump in GDP Growth in First Quarter

Summary by luxtimes.lu
Luxembourg experienced the biggest drop in GDP of any EU country in the first quarter of this year, according to the bloc’s official statistics agency Eurostat.

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Economic growth in the euro area increased by 0.6 percent on a quarterly basis, while the first two estimates reported 0.4 and 0.3 percent growth, respectively. In Slovenia, GDP contracted by 0.8 percent.

According to a Statec publication, Luxembourg's real GDP fell by 1% compared to the previous quarter and by 0.4% compared to the first quarter of 2024.

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virgule.lu broke the news in on Friday, June 6, 2025.
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