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Euro Zone Economy Slowdown Sharper Than Expected In May

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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 

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

 

image.png.4d0ad69aabddc3f9352dc664a0ac42b6.png

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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

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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.

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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.

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