The euro area employment increased the most since 2021 in the first quarter despite the economy undergoing a mild growth amid the aggressive monetary policy tightening, while the currency bloc posted its first trade surplus since September 2021 but due to a marked decrease in imports.
The quarterly growth in employment doubled to 0.6 percent in the first quarter from 0.3 percent in the preceding period, a flash estimate published by Eurostat showed on Tuesday.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.