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Euro zone business activity made a surprise return to growth in January, according to a survey – the latest sign that the downturn in the bloc may not be as deep as feared.
Euro zone factory downturn deepened in Aprilreuters.
Euro zone lending growth slows further as rate hikes bitereuters.
Euro zone wage growth is hovering in the 5 percent to 6 percent range, twice the rate that would be consistent with the ECB’s inflation target.
Source: https://business.inquirer.net/403777/euro-zone-inflation-drops-more-than-expected-in-relief-for-ecb
The IMF estimates Euro zone growth in 2023 at 0.7%, up from 0.5% in October; 2024 Euro zone growth is reduced by 0.2 percentage pointfinancialjuice.
The IMF estimates Euro zone growth in 2023 at 0.7%, up from 0.5% in October; 2024 Euro zone growth is reduced by 0.2 percentage pointfinancialjuice.