By Don Nico Forbes and Ed Frankl
The eurozone economy overcame uncertainty about the course and consequences of the conflict in the Middle East to outpace its U.S. counterpart during the three months through June.
Gross domestic product in the 21-nation currency area rose 0.4% in the three months through June, the European Union's statistics agency said Thursday. This compares with zero growth in the first quarter, and came in higher than a consensus of economists polled by The Wall Street Journal, which expected 0.2% growth.
The economy grew 1.8% on an annualized basis, outpacing growth in the U.S. which came in at 1.5% in the quarter. The last time the eurozone grew faster than the U.S. was in the fourth quarter of 2025.
Despite continued supply-chain disruptions and higher energy prices, driven by the U.S. and Israel war on Iran, economies across the eurozone have proved more resilient than many economists feared following the outbreak of the conflict earlier this year.
