Eurozone Inflation Climbs to 3% as GDP Growth Slows to 0.1%

businessmacroeconomicsworldeurope 9 posts · 4 accounts

Eurozone consumer-price inflation accelerated to 3.0% in April from 2.6% a month earlier, matching estimates, while core inflation eased to 2.2% from 2.3%, according to flash readings.

Separate preliminary GDP data showed the economy grew 0.1% in the first quarter from the previous three months, below the 0.2% forecast and the prior quarter's 0.2% pace. On an annual basis, growth slowed to 0.8% from 1.2%, missing the 0.9% estimate.

From the sources (9 posts)

@firstsquawk

EUROZONE CPI (YOY) (APR) ACTUAL: 3.0% VS 2.6% PREVIOUS; EST 3.0%

@financialjuice

Eurozone Unemployment Rate Actual 6.2% (Forecast 6.2%, Previous 6.2% ,Revision 6.3%)

@firstsquawk

EUROZONE UNEMPLOYMENT RATE (MAR) ACTUAL: 6.2% VS 6.2% PREVIOUS; EST 6.2%

@financialjuice

Eurozone GDP YoY Prelim Flash Actual 0.8% (Forecast 0.9%, Previous 1.2%)

@financialjuice

Eurozone CPI YoY Flash Actual 3% (Forecast 3%, Previous 2.6%)

@financialjuice

Eurozone Core CPI YoY Flash Actual 2.2% (Forecast 2.2%, Previous 2.3%)

@financialjuice

Eurozone GDP QoQ Prelim Flash Actual 0.1% (Forecast 0.2%, Previous 0.2%)

@ft

Breaking news: Eurozone inflation rose more than expected to 3% in April as the economy reeled from the energy shock unleashed by the Middle East conflict

@cnbc

Euro zone inflation jumps to 3% as economic growth almost stalls

LMSYS Says Nvidia GB300 NVL72 Beats B200 by Up to 6.5x Toto Climbs to $7 Billion on Memory Chip Ceramics Expansion