Euro zone economy barely grew in first quarter
Reuters·2026-04-30 17:05
A string of surveys this week points to a further slowdown in activity, with business sentiment weakening, services deteriorating, profits falling and exports still hit by tariffs, while banks signal tighter credit conditions. The subdued backdrop complicates the European Central Bank's response to an emerging, energy-driven rise in inflation. The ECB is widely expected to keep rates unchanged on Thursday, though markets are pricing in three to four increases over the coming year. Euro zone economy barely g ...