Eurozone GDP rebounds by 0.4% quarter-on-quarter in Q2, showing significant economic recovery

⑴ According to data from Eurostat, the Eurozone’s GDP rebounded by 0.4% quarter-on-quarter in Q2, marking the highest growth since the beginning of 2025, after the economy stagnated in Q1. ⑵ Across all 27 EU countries, overall GDP grew by 0.5% quarter-on-quarter in Q2. The Eurozone saw a year-on-year growth of 1%, while the 27 EU countries achieved a 1.2% year-on-year increase. ⑶ Growth rates varied among member countries, with Ireland far outpacing others; Spain performed best among major economies, while Germany, France, and Italy each posted a 0.2% quarter-on-quarter increase. ⑷ In comparison, the US recorded a 0.4% quarter-on-quarter GDP growth and 2.1% year-on-year in Q2; the UK grew 0.4% quarter-on-quarter and 1.2% year-on-year in Q2.