Brussels (EFE).- The gross domestic product (GDP) of the euro area grew by 0.1% in the first quarter of the year, thus coming out of the stagnation of the last quarter of 2022, according to the Eurostat community statistics office, which confirms the preliminary data published at the end of April.
The economy of the European Union as a whole, for its part, expanded by 0.2% from January to March, one tenth less than what was calculated in April but still three tenths more than in the last quarter of 2022, a period in which the activity of the block contracted by 0.1%.
In year-on-year terms, the euro area’s GDP expanded by 1.3%, five tenths less than in the fourth quarter of 2022, while economic activity in the EU as a whole increased by 1.2%, also five tenths less .