# Eurozone Q1 GDP Growth Beats Forecasts

> Eurostat's flash estimate showed the eurozone economy grew 0.4% quarter on quarter in the first quarter of 2019, beating the 0.3% expectation. Spain grew 0.7%, and the EU as a whole grew 0.5%. Germany's preliminary GDP was due in two weeks.

- Date: 2019-04-30 · published 2019-04-30T12:00:00.000Z
- Category: report · region Eurozone · magnitude low
- Page: https://feedsoft.ai/events/59794-eurozone-q1-gdp-growth-beats-forecasts
- Commodities: [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Stronger European demand supports the currency and can modestly ease dollar strength that weighs on US commodity prices.

## Read by commodity

- EURUSD: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| EURUSD | 2026-07-30 | [Euro rises as Eurozone growth outpaces forecasts](https://feedsoft.ai/events/7686-euro-rises-as-eurozone-growth-outpaces-forecasts.md) | +1.4% | +2.3% |
| EURUSD | 2025-04-30 | [Euro zone GDP Q1 2025](https://feedsoft.ai/events/25340-euro-zone-gdp-q1-2025.md) | -0.4% | -1.0% |
| EURUSD | 2024-10-30 | [Eurozone economy shows slight lift as Germany and France top forecasts \| Euronews](https://feedsoft.ai/events/28075-eurozone-economy-shows-slight-lift-as-germany-and-france-top-forecasts-euronews.md) | +1.1% | -2.1% |
| EURUSD | 2026-07-31 | [Euro recovers as Eurozone inflation stays firm](https://feedsoft.ai/events/7687-euro-recovers-as-eurozone-inflation-stays-firm.md) | -0.0% | +1.1% |
| EURUSD | 2019-04-30 | [Euro Pushes Higher On Upbeat First Quarter GDP Estimate](https://feedsoft.ai/events/59792-euro-pushes-higher-on-upbeat-first-quarter-gdp-estimate.md) | +0.3% | +0.1% |

## Sources

- tradingeconomics.com: https://tradingeconomics.com/articles/04302019092320.htm

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.