Euro Zone Is Crawling Toward 2% Inflation With Shaky Landing
- Region probably endured mild recession in second half of 2023
- Inflation is expected to have slowed to 2.7% in January
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Euro-zone data next week may offer policymakers the awkward combination of a shrinking economy and limited progress in getting inflation to their 2% goal.
Annual consumer-price growth is likely to have weakened only marginally to 2.7% in January, following the end of a second consecutive quarter when gross domestic product fell 0.1%, according to economists surveyed by Bloomberg.