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.
That compared with zero growth in the previous quarter for the current 20-nation eurozone and a quarterly decline of 0.1 percent for the 19 countries that were in the eurozone at that point.
Among the bloc’s biggest countries, Germany registered no growth after contraction in the final quarter of 2022. The economies of France, Italy, and Spain did expand….