Euro Area GDP Annual Growth Rate Confirmed at 1% in Q2

2026-08-14 09:06 By Agna Gabriel 1 min. read

The Eurozone economy grew 1.0% year-on-year in the second quarter of 2026, accelerating from an upwardly revised 0.5% in the previous quarter, according to second estimates.

Strong AI-related investment, resilient government spending, and one-off factors helped offset the impact of the conflict in Iran and higher energy prices.

Among the largest euro area economies, Spain remained the standout performer, with annual GDP growth of 2.7%, followed by the Netherlands (1.3%), Italy (1.0%), Germany (0.9%), and France (0.7%).

On a quarterly basis, the Eurozone economy expanded 0.4%, its strongest pace since the first quarter of 2025.



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