Eurozone Grows Marginally at Start of 2023 After Stagnation

Eurozone Grows Marginally at Start of 2023 After Stagnation
A shopper pays with a ten Euro banknote at a local market in Nice, France, on June 7, 2022. Eric Gaillard/Reuters
Reuters
Updated:

BRUSSELS—The eurozone grew only marginally in the first three months of 2023 and at a rate lower than market expectations after stagnation at the end of last year, preliminary data showed on Friday.

Gross domestic product in the eurozone expanded by 0.1 percent in the first quarter, below expectations in a Reuters poll for 0.2 percent growth. Compared to a year earlier, growth was 1.3 percent against expectations of 1.4 percent.