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Global Economic News

Eurozone GDP Rises 0.1% As Estimated

By Renju Jaya   ✉   | Published:   | Follow Us On Google News
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The euro area economy grew at a marginal pace in the second quarter as initially estimated, and companies generated jobs modestly, official data showed on Thursday.

Another data from Eurostat showed that industrial production remained weak in the second quarter as the positive impact from frontloading of orders from the US faded.

Gross domestic product grew 0.1 percent sequentially, after rising 0.6 percent in the first quarter, flash estimates from Eurostat showed. The figures matched the estimate released on July 30.

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Global Economics Weekly Update: April 13 – April 17, 2026

April 17, 2026 15:29 ET
The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.