Eurozone Q1 final GDP -0.3% vs -0.6% q/q second estimate

Latest data released by Eurostat – 8 June 2021

  • Q1 GDP -1.3% vs -1.8% y/y second estimate
The second estimate report can be foundĀ here. That is a modest upside revision as the euro area economy show much more resilience than anticipated in Q1. The outlook for the summer looks optimistic and we’ll see how that shapes up in the weeks ahead.