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Eurozone GDP up by 0.1 pct in Q2: Eurostat

Xinhua | Updated: 2025-07-31 10:09
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BRUSSELS - The Eurozone's gross domestic product (GDP) rose slightly by 0.1 percent in the second quarter (Q2) of 2025 compared to the previous quarter, according to preliminary figures released Wednesday by Eurostat, the European Union's (EU) official statistics office.

Across the broader EU, economic output increased by 0.2 percent quarter-on-quarter.

On a year-on-year basis, the Eurozone economy expanded by 1.4 percent, while the EU as a whole grew by 1.5 percent.

Germany, the Eurozone's largest economy, registered a 0.1 percent contraction on a quarterly basis in Q2 following a 0.3 percent increase in the first quarter. Italy also saw its GDP shrink by 0.1 percent, reversing the previous quarter's 0.3 percent growth.

In contrast, Spain recorded the strongest performance among major Eurozone economies, with GDP rising by 0.7 percent quarter-on-quarter. France and Portugal also posted solid gains of 0.3 percent and 0.6 percent, respectively.

The Eurozone had seen a stronger 0.6 percent growth rate in 2025's first quarter over the fourth quarter of 2024, suggesting a slowing trend. However, the European Central Bank (ECB) noted last week that the economy "has so far proven resilient overall in a challenging global environment".

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