In an Economic Bulletin published on Thursday, the European Central Bank (ECB) offers updated information on economic, financial and monetary developments in the euro area.
Main highlights
Future Governing Council decisions on interest rates will continue to be data driven and will be adopted at each meeting.
The survey data point to a weakening of global economic activity at the end of the yearafter the solid growth registered in the third quarter of 2022.
Price pressures remain strong, partly because high energy costs they are spreading throughout the economy.
Wages grow fastersupported by the solidity of the labor market, and the recovery of high inflation becomes the main theme of wage negotiations.
Source: Fx Street
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