A shallow German recession weighing on the euro area and a mild pickup in the region’s inflation may draw attention in a bumper series of data releases next week across the region.
Gross domestic product in Europe’s biggest economy is predicted by forecasters to have shrunk by 0.1% in the third quarter, matching the result in the prior three months. While that would signify a recession, economists reckon stronger expansion elsewhere sustained a steady pace of growth in the currency zone, at 0.2%.
Source link : https://www.bloomberg.com/news/articles/2024-10-25/german-recession-seen-weighing-on-europe-in-next-week-s-data
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Publish date : 2024-10-25 15:44:00
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