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%).