Eurozone GDP Barely Grew in Q1 2026 as Energy Crisis Weighs on Consumer Confidence
Preliminary data shows the eurozone economy expanded by just 0.1% in the first quarter of 2026 as Middle East energy shock hampers consumption and investment.
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Eurozone Inflation Climbs to 3.0% as Energy Shock Reshapes ECB’s Policy Calculus
Headline inflation in the eurozone reached 3.0% in April as Middle East energy shock filters through to prices, complicating the ECB’s path forward.
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ECB holds rates steady as inflation drifts back toward target
The European Central Bank kept its three key interest rates unchanged at its May meeting, with headline inflation in the euro area now within touching distance of the 2 percent objective.
