Eurozone, EU economic growth expands in Q1 from previous quarter
Graeme Paterson
30-Apr-2025
LONDON (ICIS)–Economic growth in the eurozone expanded in Q1, with GDP growing by 0.4% compared with the previous quarter, according to official data on Wednesday.
The economy also grew in the wider EU, with seasonally adjusted GDP increasing by 0.3%, statistics agency Eurostat said in a flash estimate, which is subject to revision.
| 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | |
| Eurozone | 0.2 | 0.4 | 0.2 | 0.4 |
| EU | 0.3 | 0.4 | 0.4 | 0.3 |
Ireland (+3.2%) saw the highest increase compared with the previous quarter, followed by Spain and Lithuania (both +0.6%). Hungary (-0.2%) was the only member state to record a decrease, Eurostat said.
On a year-on-year basis, Q1 GDP rose by 1.2% in the eurozone and by 1.4% in the EU.
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