ECB adds a hawkish tilt to its “wait‑and‑see” stance
 
 

Having expanded at a meagre pace in 2023 and 2024, the Eurozone economy gathered some momentum last year. However, the expansion in activity levels remained modest, with the economy growing by 1.5% in 2025, up from 0.9% in 2024, and just 0.5% in 2023. Furthermore, growth was very muted in the first quarter of 2026, with GDP expanding by a meagre 0.1% q/q. Eurostat did not provide the underlying breakdown of the Q1 GDP reading, but details from some of the national statistics offices indicate that exports boosted growth, offsetting mixed levels of domestic demand and weak investment.

 


 
 
 
Click here to listen and SUBSCRIBE to our AIB Market Talk podcast
 
 
 
 
Find Economic Analysis, Market News and More on our Website