eurozone

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One step away from recession: Europe shows minimal economic growth

One step away from recession: Europe shows minimal economic growth According to the consensus forecast, the eurozone economy is expected to grow at 0.2% and 0.3% Q/Q in Q1 and Q2 respectively

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Industrial production in the Eurozone grew by 0.6% m/m in August

Compared to August 2022, industrial production in the Eurozone fell by 5.1%, in the EU – by 4.4%

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Industrial production in the Eurozone fell by 1.1% m/m in July

Industrial production in the Eurozone fell by 2.2%, in the EU – by 2.4% compared to July 2022

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Prices of industrial products in the Eurozone fell by 7.6% y/y in July

Compared to June, this indicator decreased by 0.5%

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Eurozone GDP grew by 0.3% q/q in Q2

The economy of the European Union in April-June did not change compared to the first quarter of 2023

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Industrial production in the eurozone increased by 1% m/m in April

Compared to April 2022, industrial production in the Eurozone increased by 0.2%, in the EU – by 0.1%

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Eurozone economy enters technical recession

In the first quarter of 2023, seasonally adjusted GDP in the eurozone fell by 0.1%

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Eurozone inflation slowed to 6.1% in May

The indicator fell to a minimum since February 2022

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Industrial production in the Eurozone fell by 4.1% m/m in March

Compared to March 2022, industrial production in the Eurozone decreased by 1.4%, in the EU – by 1.3%

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Eurozone inflation accelerated to 7% in April

At the same time, core inflation slowed to 5.6%

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The volume of construction in the European Union increased by 2% m/m in February

The volume of production in the construction sector of the Eurozone increased by 2.3% for the month

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Industrial production in the Eurozone fell by 0.5% m/m in February

Compared to February 2022, industrial production in the Eurozone increased by 13.2%, and in the EU – by 14.5%

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