The eurozone and the EU have recorded weak growth in the first quarter of 2025, according to a preliminary estimate published today by Eurostat, the European Union Statistical Service.

Specifically, in the first quarter of 2025, seasonally adapted GDP increased by 0.3% in both the eurozone and the EU, compared to the previous quarter, according to Eurostat data.

In the fourth quarter of 2024, GDP increased by 0.2% in the eurozone and by 0.4% in the EU.

Compared to the same quarter of the previous year, seasonally adapted GDP increased by 1.2% in the eurozone and 1.4% in the EU in the first quarter of 2025, with a 1.2% increase in the eurozone and 1.4% in the EU also in the previous quarter.

During the first quarter of 2025, GDP in the United States decreased by 0.1% compared to the previous quarter (after an increase of 0.6% in the fourth quarter of 2024).

The number of employees increased by 0.3% in the eurozone and by 0.2% in the EU in the first quarter of 2025, compared to the previous quarter. In the fourth quarter of 2024, employment had increased by 0.1% in the eurozone and by 0.2% in the EU.

Compared to the same quarter of the previous year, employment increased by 0.8% in the eurozone and 0.6% in the EU in the first quarter of 2025.