Eurozone BIP Veränderung zum Vorjahr

The Eurozone's economy expanded by 1.2% year-on-year in the fourth quarter of 2024, surpassing initial estimates of 0.9% and accelerating from a revised 1.0% growth in the previous quarter. This marked the fastest expansion since early 2023, fueled by lower borrowing costs and easing inflationary pressures. Household consumption grew by 1.5% (up from 1.1% in Q3), while government spending increased by 2.8% (slightly down from 3.1% in Q3). However, fixed investment contracted by 2.1%, deepening from a 1.6% decline in the previous quarter. Exports rose by 1.1%, while imports increased by 1.2%. Among the bloc’s largest economies, Spain led with a strong 3.5% growth, followed by the Netherlands (1.8%), France (0.6%), and Italy (0.6%). In contrast, Germany, the Eurozone’s largest economy, remained in contraction, shrinking by 0.2%.