EU increases 2023 growth and inflation forecasts
Photo: DW
The European Commission boosted its 2023 forecast for growth in the eurozone by 0.2 points to 1.1% on Monday, despite also revising its inflation forecast higher to 5.8%.
"Lower energy prices, abating supply constraints and a strong labour market supported moderate growth in the first quarter of 2023, dispelling fears of a recession," the EU executive said.
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