Eurozone recovery picking up momentum - Investec

Research Team at Investec, notes that the Friday saw the Eurozone recovery picking up momentum, the economy grew by 0.6% in Q1 of this year which doubled the 0.3% from the previous quarter.

Key Quotes

“We did however see data from Eurostat show Eurozone inflation move back into negative territory, as the inflation figure moved to minus 0.2% in April against a flat 0% in March. Unemployment moved in the right direction though as March showed a fall to 10.2%, this is the lowest rate for four and a half years.”