Eurozone economic growth slowed much more sharply than expected this month, a business survey showed. That fact, along with weaker inflation, has intensified concerns there will be no return to the bloc's recent boom times. Eurozone economic growth slowed much more sharply than expected this month, a business survey showed. Having outpaced its peers in 2017, expanding at record levels at the turn of the year, eurozone growth has steadily weakened. "May's fall in the eurozone PMI yet again partly reflected temporary factors, but the continued softness of the surveys in Q2 is certainly a concern.

Source: Irish Independent May 24, 2018 01:30 UTC