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Macro - Weekly Briefings - Eurozone

Publisher Oxford Economics
Published Apr 29, 2022
Length 5 Pages
SKU # OFE17148991

Description

Macro - Weekly Briefings - Eurozone

Economic data released this week raised further concerns over the eurozone economy. Q1 GDP expanded by just 0.2% in Q1, broadly in line with our expectations but in all a sluggish result. Meanwhile, inflation continued to rise, reaching a multi-decade high of 7.5% in April. Worries about lasting stagflation are mounting, complicating the ECB's policy tuning even more. Yet, it seems that the case for fighting inflation is gaining force in the ECB, with the statements by the Council's members turning increasingly hawkish.

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5 Pages
Please Note: Due to the brevity and/or nature of the content posted, there is no table of contents available for this report.

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