The Strategist

Eurozone GDP grows by 0.4% in Q2, better than expected



07/31/2026 - 03:02



According to a report from the European Statistical Office, which released initial data, the eurozone economy grew by 0.4% in the second quarter compared to the prior three months.



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The GDP growth was 1% compared to the previous year.

Analysts, whose collective forecast is referenced by Trading Economics, anticipated eurozone GDP growth of 0.2% from one quarter to the next and 0.5% compared to the same period last year.

During the first quarter, the eurozone economy stayed the same as the prior quarter and increased by 0.5% in relation to January-March 2025. This data was adjusted upwards; it was earlier reported to decrease by 0.2% and to increase by 0.3%, respectively. 

In Germany, France, and Italy, GDP rose by 0.2% quarter-on-quarter in April-June, by 0.4% in the Netherlands, and by 0.7% in Spain.

The EU economy expanded by 0.5% in the last quarter relative to the prior three months and by 1.2% compared to the same period last year.

This is the initial of three GDP estimates. The second assessment will be released on August 14.

source: ec.europa.eu