Euro area Q1 GDP confirmed at 0.4% QoQ, with domestic demand the main pillar of growth | Eurobank
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Euro area Q1 GDP confirmed at 0.4% QoQ, with domestic demand the main pillar of growth

According to the final estimate published by Eurostat earlier today,1 real GDP growth came in at 0.4% QoQ sa in the euro area (EA19) in Q1 2015, in line with the growth rate marked in the previous quarter (revised upwardly from 0.3% QoQ previously). The highest rates of growth were recorded in the Czech Republic (+3.1%), Cyprus and Romania (both +1.6%), while negative rates of growth were registered in the following four countries: Lithuania (-0.6%), Estonia (-0.3%), Greece (-0.2%) and Finland (-0.1%).