Eurozone Preliminary GDP rises 0.4% QoQ in Q1 vs. 0.2% expected

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 ....