eurozone

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

At the same time, core inflation slowed to 5.6%

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

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

Energy prices fell by 0.9% in March compared to February

Energy price growth slowed to 13.7% in February

The rate of basic prices growth, according to Eurostat, reached 5.3%

GDP in the eurozone increased by 0.1% compared to the previous quarter

Industrial production in the Eurozone increased by 1% compared to October 2022, in the EU – by 0.9%

Analysts expect that in 2023 the economies of Asian countries will grow, while the USA and the Eurozone are threatened with recession

European countries will feel the hardest hit as the Russian war hits business activity and causes a spike in energy prices

Brussels is also concerned about high inflation, which will peak in the third quarter of this year