(Alliance News) - The eurozone economy grew as expected in the second quarter of 2025, data published by Eurostat showed Thursday.

Gross domestic product growth slowed to 0.1% quarter-on-quarter in the second quarter from 0.6% in the first quarter.

Annual GDP growth decelerated to 1.4% in the second quarter from 1.5% in the first quarter.

All figures were in line with preliminary data published by Eurostat on July 30.

Separately, Eurostat reported industrial production in the eurozone fell 1.3% monthly in June after growth of 1.1% in May, the latter downwardly revised from a 1.7% rise. June's decline was worse than the FXStreet-cited market consensus of a 1.0% contraction.

The largest monthly fall in industrial production was in Ireland with 11%, followed by Portugal with 3.6%. The best monthly growth was in Belgium with 5.1%, followed by France with 3.8%.

Annually, industrial production growth slowed markedly to 0.2% in June from 3.1% in May, the latter revised down from 3.7%. June's minor growth underperformed against market consensus of a 1.7% on-year increase in industrial production.

The sharpest annual fall in industrial production in the eurozone was in Slovenia with 4.3%. The biggest annual growth was in Ireland with 11%.

By Tom Budszus, Alliance News slot editor

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