Euro Zone GDP Rebounds 0.2% as July Inflation Accelerates to 2.9%
Updated
Updated · Bloomberg · Jul 24
Euro Zone GDP Rebounds 0.2% as July Inflation Accelerates to 2.9%
2 articles · Updated · Bloomberg · Jul 24
Summary
Economists surveyed before next week’s releases expect euro-zone output to return to growth, with GDP rising 0.2% in the second quarter after a prior setback.
July consumer-price growth is seen quickening to 2.9%, giving European Central Bank officials a firmer inflation backdrop as they weigh whether to raise rates again in September.
That combination of resilient activity and faster price gains forms the latest data batch heading into the ECB’s next policy decision.