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Economy Week Ahead: Eurozone GDP, BOE, ECB, U.S. Employment
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Eurozone economic growth is expected to have decelerated in the final months of 2021, dragged down by Covid-19 restrictions, lackluster consumer spending and global supply chain bottlenecks that have hit the currency bloc’s biggest economy—Germany—especially hard.
Gross domestic product in the 19-nation bloc likely grew at an annualized rate of 1.6% in the three months through December, according to a Commerzbank estimate, compared with 9.1% in the previous quarter.
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