Europe economy suffers mild recession but ECB rate rises are still on cards
The euro zone entered a technical recession but unemployment is at its lowest level since before the creation of the euro in 1999.
Source: afr.com
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The euro zone entered a technical recession but unemployment is at its lowest level since before the creation of the euro in 1999.
GDP dipped by 0.1% in back-to-back quarters, which is the shallowest recession possible
The 20-nation eurozone economy fell into a technical recession in the first three months of 2023, according to data ...
Rising grocery prices and higher mortgage rates are among the factors challenging the continent's consumers
While the region's gross domestic product hit a statistically significant marker of a recession, economists have not yet sounded the alarm.