The euro-area economy experienced stronger-than-expected growth at the beginning of 2025, with first-quarter output rising by 0.6% compared to the previous three months. This marks a significant upward revision from the initial estimate of 0.3%. The improved performance was largely attributed to robust export activity in countries such as Ireland and Germany, as businesses anticipated potential US trade tariffs later in the year. Economists surveyed by Bloomberg had predicted an upward adjustment, but the scale of growth exceeded most expectations.
— new from Bloomberg
