The Eurozone economy has shown some signs of growth, with a set of indicators showing tepid but positive growth for a region that has been on the brink of recession for more than a year.
Industrial output expanded, demand for lending rose, while confidence expectations rose more than expected in a major German poll, giving some reassurance after major indexes had generally shown a below-forecast performance last month.
These figures are likely to reinforce expectations that the region is still growing, albeit at a slower pace, but they may not prevent the ECB from cutting interest rates, which are now almost fully priced.
