TEMPO.CO, Jakarta - The gross domestic product of the eurozone — which comprises the 21 countries that use the euro currency — grew by 0.4 percent in the second quarter of 2026, according to a preliminary estimate from Eurostat.
According to DW, that rate exceeded economists' forecast of 0.2 percent for the bloc and was the largest growth since the first quarter of 2025.
Compared with the same quarter of the previous year, seasonally adjusted GDP increased by 1.0 percent in the euro area and by 1.2 percent in the European Union as a whole.
How did individual economies perform?
Economic growth varied sharply among member states. Ireland recorded the highest quarterly growth rate at 3.9 percent, followed by Lithuania at 1.7 percent.
Economists have long cautioned that Ireland's economic growth numbers can be highly volatile because of the outsized influence of large multinational companies that have chosen the country as a European base.
At the other end of the scale, Austria and Belgium recorded no growth during the quarter.
Major economies post modest gains
The eurozone's largest economies delivered steady, if modest, growth, despite the adverse economic impacts of the U.S.-Iran war.
The bloc's economic heavyweights — Germany, France and Italy — expanded by 0.2 percent during the quarter, while Spain, one of the bloc's strongest performers in recent years, posted growth of 0.7 percnt.
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