Eurozone recovery set to broaden, says ECB bulletin

Consumption, investment and inflation all on the rise

ecb-frankfurt-new
ECB, Frankfurt

Conditions in the eurozone are likely to improve further in the coming months, according to the European Central Bank's latest economic bulletin, published today (June 18).

Private consumption has been the main driver of the recovery so far and is expected to rise more as wage growth begins to improve and unemployment falls. Business investment is also expected to rise, as demand from within and without strengthens and as the capital stock, neglected in recent years, begins to wear out.

Inflatio

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