The eurozone economy grew by more than previously reported in the third quarter, likely keeping the European Central Bank on hold for the immediate future.
The eurozone economy grew by more than previously reported in the third quarter, likely keeping the European Central Bank on hold for the immediate future.
The 20 nations sharing the euro currency saw their economy expand by 0.3% in the third quarter compared with the previous three months, Eurostat data confirmed earlier Friday, above the 0.2% growth previously seen.
On an annual basis, the eurozone grew by 1.4% in the third quarter, a slowing from 1.5% growth the prior quarter.
“Despite the many headwinds, 2025 has been a year of resilience and hope for the eurozone economy,” said analysts at ABN Amro, in a note.
“U.S. tariffs have left their mark, and will continue to do so next year in the form of weak export growth … Yet, despite the U.S. tariff shock, the eurozone comfortably dodged a recession, and has so far defied expectations for a bigger slowdown.”
“We now expect the economy to have grown 1.4% in 2025,” added ABN. “Looking ahead, the ramp-up in German fiscal spending, alongside improving domestic demand (helped by ECB rate cuts) should see growth accelerate in 2026.”