The Eurozone economy grew 0.1% quarter-on-quarter in Q2 2025, its weakest performance since Q4 2023, slowing from 0.6% in Q1 and matching the first estimate.
The slowdown follows a Q1 boost from tariff front-loading, while lingering uncertainty over US trade measures has prompted greater caution among businesses and households.
Among the bloc's economies, GDP contracted in Germany (-0.1% vs +0.3%), Italy (-0.1% vs +0.3%), and Ireland (-1% vs +7.4%), while GDP stalled in Finland.
Expansions also slowed in the Netherlands (0.1% vs 0.3%), Belgium (0.2% vs 0.4%), Cyprus (0.5% vs 1.4%), and Lithuania (0.2% vs 0.6%).
Growth was steady in Austria (0.1%) and Slovakia (0.1%), while France (0.3% vs 0.1%) and Spain (0.7% vs 0.6%) picked up pace.
Portugal (0.6% vs -0.4%), Estonia (0.5% vs -0.3%), and Slovenia (0.7% vs -0.7%) all rebounded.
Year-on-year, Eurozone GDP rose 1.4%, just below 1.5% in Q1 and in line with the advance estimates.
