The Eurozone economy essentially flat-lined for five consecutive quarters between the end of 2022 and throughout last year.
Survey data though, suggests there are signs that the economy may be bottoming out.
Perhaps even more encouragingly, the Eurozone labour market remains in good health and inflation has resumed its downward trend.
However, despite the backdrop of falling inflation, a strong labour market and signs of a rebound in activity in Q1, growth is forecast to remain muted this year.
