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    HomeLive CommentsEurozone GDP rises 0.3% qoq in Q1, above exp 0.1% qoq

    Eurozone GDP rises 0.3% qoq in Q1, above exp 0.1% qoq

    ActionForex
    By ActionForex

    Eurozone GDP grew 0.3% qoq, 0.4% yoy in Q1, better than expectation of 0.1% qoq, 0.2% yoy. EU GDP grew 0.3% qoq, 0.5% yoy.

    Among the Member States for which data are available, Ireland (+1.1%) recorded the highest increase compared to the previous quarter, followed by Latvia, Lithuania and Hungary (all +0.8%). Sweden (-0.1%) was the only Member State that recorded a decrease. The year on year growth rates were positive for nine countries and negative for four.

    Full Eurozone GDP release here.

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