Eurozone economy grew in the first quarter of the year, while inflation continued to accelerate to set a new record high, presenting a complicated outlook to the European Central Bank that is trying to end stimulus and start raising rates like peers.
Gross domestic product grew 0.2 percent from the fourth quarter of 2021, when the economy expanded 0.3 percent, preliminary estimates from Eurostat showed Friday. Economists had forecast 0.3 percent growth.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.