Eurozone Preliminary GDP rises 0.4% QoQ in Q1 vs. 0.2% expected
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The Eurozone economy expanded by 0.4% in the three months to March of 2025 after growing by 0.2% in the fourth quarter of 2024, the preliminary estimate released by Eurostat showed Wednesday.
The market forecast was for a 0.2% increase.
The bloc’s Gross Domestic Product (GDP) accelerated at an annual pace of 1.2% in Q1 versus 1.2% in the previous quarter and a 1% estimate.
EUR/USD reaction to the Eurozone GDP report
more to come ....
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