Annual GDP growth rate will be released at 11am today. In the second quarter of 2022, the eurozone economy grew 4.1% year-on-year (YoY). Although this was higher than the second estimate of 3.9%, this pointed to the slowest growth in three quarters.
This morning markets are expecting YoY GDP to come in at 2.5%.
The eurozone’s core inflation YoY data will also be released at 11am. In the previous data release, the annual inflation rate was revised slightly down to 9.9% from a preliminary estimate of 10.0%, and is expected to climb to 10.4% today.
