Eurozone HCOB Manufacturing PMI in line with forecasts (52.2) in April

Eurozone HCOB Manufacturing PMI in line with forecasts (52.2) in April
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ECB: Data risks complicate policy path – Societe Generale

Societe Generale economists highlight that Euro area growth nearly stalled in 1Q, with 0.1% qoq GDP and weak confidence indicators. They argue downside risks to growth are rising even as headline inflation is set to climb further.
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