FX.co ★ Euro Area GDP Annual Growth Rate Revised Up to 1.5% in Q2

In the second quarter of 2025, the Euro Area witnessed a 1.5% growth in GDP compared to the same period last year. This figure exceeds the initial estimate of 1.4% and follows an upwardly revised 1.6% growth in the first quarter. Key drivers of this expansion included household expenditure and changes in inventories, each contributing 0.7 percentage points. Gross fixed capital formation added 0.6 percentage points, while public spending contributed another 0.4 percentage points. Exports offered a modest boost of 0.1 percentage points to the overall growth. Conversely, imports had a dampening effect, subtracting 1.1 percentage points from the growth rate. Within the bloc's largest economies, GDP growth was recorded at 0.2% in Germany, 0.8% in France, 0.4% in Italy, and a strong 2.8% in Spain.