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Economic output in the eurozone shrinks unexpectedly. The eurozone economy is slowing noticeably. Experts had actually expected stagnation. After all, a declining inflation rate gives hope for a turnaround for the economy. In October, the annual inflation rate fell to 4.3 percent from 2.9 percent in the previous month. The European Central Bank's (ECB) medium-term inflation target of two percent is still being exceeded. Last year, inflation was in double digits at times as a result of the Ukraine war. The ECB had raised its key interest rates significantly. ....
Europe's economy risks a recession after output falls in the third quarter cnn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnn.com Daily Mail and Mail on Sunday newspapers.
The prices of German federal bonds rose again on Tuesday. The benchmark futures contract Euro-Bund-Future gained 0.33 percent to 128.72 points by early evening. In return, the yield on ten-year Bunds. ....