Eurostat released revised economic growth data for the third quarter of 2025, showing that the economies of both the euro area and the European Union expanded faster than initially estimated.
The updated figures reveal that eurozone GDP grew by 0.3% quarter-on-quarter, an upward revision of 0.1 percentage point compared with the preliminary estimate published in November. For the entire EU, growth reached 0.4% q/q, also 0.1 percentage point higher than earlier projections.
This marks a clear acceleration compared with the second quarter, when the eurozone posted only 0.1% growth and the EU 0.3%. On an annual basis, the economy expanded by 1.4% in the euro area and 1.6% across the EU.
Investment Makes a Comeback
Eurostat notes that the improved momentum in Q3 was driven primarily by:
- a strong rebound in investment, with gross fixed capital formation rising 0.9% after a sharp 1.7% decline in the previous quarter,
- higher government spending, up 0.7%,
- steady household consumption at 0.2%, and
- rising exports (up 0.7%), which further boosted economic activity.
The recovery in investment is particularly significant, given that earlier weakness in this category had weighed heavily on the eurozone outlook.
Spain and France Power Ahead, While Germany and Italy Stall
Among the euro area’s largest economies, Spain recorded the strongest performance with 0.6% quarterly growth, cementing its role as one of the region’s key engines of recovery.
France delivered a solid 0.5%, supported by rising public investment and a stronger services sector.
By contrast, Germany and Italy—two core economies of the bloc—stagnated, registering no quarter-on-quarter growth. Their weak performance highlights the widening divergence between Southern and Northern Europe and increases pressure on the European Central Bank, which must navigate increasingly uneven economic conditions across member states.
Source: CEO.com.pl – https://ceo.com.pl/ue-rosnie-szybciej-zrewidowane-dane-eurostatu-pokazuja-mocniejsze-odbicie-w-iii-kwartale-74982