The Eurozone economy expanded by 0.2% qoq in Q3, outpacing expectations of a 0.1% increase. EU GDP rose 0.3% qoq, marking a modest but welcome pickup in growth momentum. Compared with the same period last year, seasonally adjusted GDP grew 1.3% yoy in the Eurozone and 1.5% across the EU.
Among member states, performance was uneven but generally positive. Sweden led the bloc with a robust 1.1% quarterly increase, followed by Portugal (+0.8%) and Czechia (+0.7%). In contrast, Lithuania (-0.2%), Ireland, and Finland (both -0.1%) saw mild contractions. The data show that 14 countries posted positive year-on-year growth, with only one economy contracting.
