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.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
by Jyotsna V
For comments and feedback: contact editorial@rttnews.com