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06.06.2019 17:15

Eurozone GDP rose 0.4% in the first quarter, as expected

According to an estimate published by Eurostat, seasonally adjusted GDP rose by 0.4% in the euro area (EA19) and by 0.5% in the EU28 during the first quarter of 2019, compared with the previous quarter. In the fourth quarter of 2018, GDP had grown by 0.2% in the euro area and by 0.3% in the EU28.

Compared with the same quarter of the previous year, seasonally adjusted GDP rose by 1.2% in the euro area and by 1.5% in the EU28 in the first quarter of 2019, after +1.2% and +1.5% respectively in the previous quarter.

During the first quarter of 2019, household final consumption expenditure rose by 0.5% in both the euro area and the EU28 (after +0.3% and +0.4% respectively in the previous quarter). Gross fixed capital formation increased by 1.1% in the euro area and by 1.3% in the EU28 (after +1.4% and +1.1%). Exports increased by 0.6% in the euro area and by 0.5% in the EU28 (after +1.2% and +1.5%). Imports increased by 0.4% in the euro area and 1.2% in the EU28 (after +1.2% and +1.3%).


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Market focus

  • German factory orders unexpectedly fell in October
  • BOJ's Harada says no need to take additional policy steps
  • Eurozone construction activity continues to grow in November
  • Eurozone GDP up by 0.2% during the third quarter, as expected
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Forex is open 24 hours a day, 5 days a week (except national holidays), and it can be broken up to the following four regional markets: Australia and Oceania, Asia, Europe, and America. A Forex trading session opens at 23:00 GMT on Sunday in Japan and closes at 22:00 GMT on Friday in the USA.

 
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Pacific Wellington 19:00 04:00 22:00 07:00 22:00 07:00
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Sydney 21:00 06:00 00:00 09:00 00:00 09:00
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Asian Tokyo 23:00 08:00 02:00 11:00 02:00 11:00
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London 07:00 16:00 10:00 19:00 10:00 19:00
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