Economic Growth in the Euro Area Rose by 0.4% YoY in the First Quarter of 2024

07 June 2024

In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% in both the Euro Area and the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the fourth quarter of 2023, GDP had declined by 0.1% in the Euro Area and had remained stable in the EU.

Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 0.4% in the Euro Area and by 0.5% in the EU in the first quarter of 2024, after +0.2% in the Euro Area and +0.3% in the EU in the previous quarter.

Source: Eurostat
Post by: Republic of Türkiye Ministry of Trade