A Euro Economy Slowly grew in the first quarter of appreciation at the beginning, but job It remained well, indicating that the block continues to create jobs despite the years of expansion of poverty, Eurostat data showed on Thursday (15).
S. GDP (GDP) In the first three months, it grew by 0.3 %, less than the initial estimate of 0.4 %, but it was still an improvement compared to the previous quarter, as the industrial sector finally expanded and the growth of employment is also accelerating.
Compared to the previous year, the mass economy expanded by 1.2 %, which is the same three months ago, in line with what the European Central Bank considers the capabilities of the bloc.
Although the eurozone has a constant decrease in the United States in recent years, the average semester growth rate of 0.3 % is much better than a 0.3 % shrinkage in the United States, which was largely a reflection to increase imports before tariffs.
Meanwhile, the level of employment in the euro area has grown by 0.3 % compared to the previous quarter, perhaps higher reading in four quarters, and may reduce fears that poor growth can push companies to start the launch of employees.
Unemployment retained at least in record levels throughout the year, thwarting some expectations that, with no significant recovery in growth, companies can re -evaluate their plans to maintain employees.
Among the largest economies in the bloc, Germany grew 0.2 %, France 0.1 %, Italy 0.3 % and Spain 0.6 % in the first quarter compared to the previous quarter.