Eurozone Preliminary GDP expands 0.3% QoQ in Q1 vs. 0.1% expected

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Eurozone Preliminary GDP expands 0.3% QoQ in Q1 vs. 0.1% expected
EURUSDEurozoneEconomicindicator
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The Eurozone economy expanded in the three months to March of 2024, rebounding 0.3% from no growth reported in the final quarter of 2023, the preliminary estimate released by Eurostat showed Tuesday.

The Eurozone economy expanded in the three months to March of 2024, rebounding 0.3% from no growth reported in the final quarter of 2023, the preliminary estimate released by Eurostat showed Tuesday. The GDP data beat the market’s expectations for a 0.1% growth. The bloc’s GDP expanded at an annual pace of 0.4% in Q1 vs. 0.1%% in Q4 while beating the estimated 0.2% reading.

USD EUR GBP CAD AUD JPY NZD CHF USD -0.06% 0.09% 0.17% 0.45% 0.40% 0.48% 0.07% EUR 0.06% 0.15% 0.23% 0.51% 0.52% 0.54% 0.13% GBP -0.09% -0.15% 0.08% 0.43% 0.31% 0.32% -0.02% CAD -0.17% -0.23% -0.08% 0.26% 0.22% 0.31% -0.10% AUD -0.45% -0.58% -0.42% -0.26% -0.05% 0.03% -0.36% JPY -0.39% -0.46% -0.25% -0.22% 0.14% 0.08% -0.35% NZD -0.40% -0.47% -0.32% -0.24% 0.04% -0.01% -0.34% CHF -0.05% -0.13% 0.02% 0.10% 0.37% 0.36% 0.

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