Eurozone Economy Defies the Energy Crisis, but Inflation Threatens the Recovery - EU Today

Europe’s economy has demonstrated continued resilience in the face of rising energy prices, but new figures suggest that the recovery remains vulnerable to external shocks and persistent inflationary pressures. According to preliminary data published by Eurostat on 30th October , gross domestic product increased by 0.4 per cent across the eurozone during the third quarter of 2026 compared with the preceding three months. The broader European Union economy expanded by 0.5 per cent over the same period. On an annual basis, GDP increased by 1.3 per cent in the eurozone and 1.5 per cent across the EU. Although these figures indicate continued economic expansion, they also reveal a moderation in growth.