US EditionThe Economy Is Slowing Down. GDP Grew by Almost One Percent in the First Quarter, with Industry Contributing the Most.
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The rubber and plastic industries contributed significantly. On the other hand, the decline in the production of computer and optical products is slowing down.
Gross domestic product increased by 0.9 percent year-on-year in the first quarter of 2025 (at constant prices, not seasonally adjusted). The economy recorded a growth rate below 1 percent for the first time in two years, while a year ago its growth was still dynamic, at 3.3 percent. After seasonal adjustment, GDP grew by 0.2 percent quarter-on-quarter in real terms (compared to the 4th quarter of 2024). The volume of GDP in current prices reache…
The recent publication of the first estimate of a 0.8% decline in gross domestic product (GDP) in the first quarter of this year confirms in particular that we are already deep into the election year.
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