The euro area economy logged a marginal growth in the first quarter, preliminary flash estimate published by Eurostat showed Thursday.
Gross domestic product edged up 0.1 percent in the first quarter, which was weaker than the previous quarter's 0.2 percent growth.
Economists had forecast the quarterly growth to remain unchanged at 0.2 percent. On a yearly basis, GDP growth slowed to 0.8 percent from 1.3 percent in the fourth quarter. It was also weaker than economists' forecast of 0.9 percent.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.