05.06.2026, 14:26
Eurozone GDP experienced its first drop since 2022
Source: OREANDA-NEWS
OREANDA-NEWS In January-March, the European economy experienced its first decline since the end of 2022. According to Eurostat data, eurozone GDP decreased by 0.2 percent compared to the previous quarter, adding 0.3 percent year-on-year.
At the same time, the EU economy in the first quarter decreased by 0.1 percent compared to the fourth quarter and grew by 0.7 percent compared to the same period in 2025.
In addition to Ireland's GDP falling by 12.1 percent at once (its fluctuations are related to the peculiarities of the functioning of the national economy in the context of multinational business) A decrease was also observed in Lithuania, Sweden and France.
As previously reported, the second largest economy in Europe after Germany grew by 0.9 percent year—on—year, while quarter—on-quarter not only French GDP fell (by 0.1 percent), but also other important indicators - consumer spending decreased by 0.2 percent, fixed asset investment - by 0.6 percent, exports - by 3.5 Imports increased by 0.9 percent.
At the same time, the EU economy in the first quarter decreased by 0.1 percent compared to the fourth quarter and grew by 0.7 percent compared to the same period in 2025.
In addition to Ireland's GDP falling by 12.1 percent at once (its fluctuations are related to the peculiarities of the functioning of the national economy in the context of multinational business) A decrease was also observed in Lithuania, Sweden and France.
As previously reported, the second largest economy in Europe after Germany grew by 0.9 percent year—on—year, while quarter—on-quarter not only French GDP fell (by 0.1 percent), but also other important indicators - consumer spending decreased by 0.2 percent, fixed asset investment - by 0.6 percent, exports - by 3.5 Imports increased by 0.9 percent.
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