Euro Area first-quarter GDP growth rate came in at 1.2%, above the expected 1.1%.

BlockBeats News, April 30th: Euro Area first quarter GDP YoY initial value is 1.2%, expected 1.1%, previous value 1.20%.

All member states of the Euro Area show the change in Gross Domestic Product (GDP) from one quarter to the next as a percentage. This indicator reflects the short-term dynamic changes in the Euro Area economy and is a key measure of the intensity of economic activity and its health. (Xinhua)