Euro Zone Economy Slowdown Sharper Than Expected In May

Euro zone economic growth slowed much more sharply than expected this month, a business survey showed, which along with weaker inflation suggests a stiffer policy challenge for the European Central Bank ahead. While the expansion still remained relatively strong, growth slowed in both of the bloc’s two biggest economies, Germany and France. Forward-looking indicators also deteriorated, suggesting no imminent bounce-back. It seems to me that a negative trend is present everywhere... not just in EU 

Share this post


Link to post
Share on other sites

A sign of things to come. We quickly forget about images like this

 

image.png.4d0ad69aabddc3f9352dc664a0ac42b6.png

Share this post


Link to post
Share on other sites

4 minutes ago, pinto said:

Euro zone economic growth slowed much more sharply than expected this month, a business survey showed, which along with weaker inflation suggests a stiffer policy challenge for the European Central Bank ahead. While the expansion still remained relatively strong, growth slowed in both of the bloc’s two biggest economies, Germany and France. Forward-looking indicators also deteriorated, suggesting no imminent bounce-back. It seems to me that a negative trend is present everywhere... not just in EU 

That looks precariously steep.

image.png.98bbe7e5c7de716a19a0feb8729b13f7.png

Share this post


Link to post
Share on other sites

But European economies are already developed, so it's not sign for alarm. The same goes for U.S. and other developed countries. For developing nations the expectation is much higher.

Share this post


Link to post
Share on other sites

Actually the situation isn't so good, but  it's not as bad as some think. Creating a fear factor among common people it'll up very soon.

  • Upvote 1

Share this post


Link to post
Share on other sites
Sign in to follow this  
Followers 0