GlobalNews411

Comprehensive reporting, aggregated for speed.

allentown

Eurozone economy nearly stalls in early 2026

Growth fell to near zero in the first quarter of 2026 while a spike in energy costs tied to the Middle East war drove inflation sharply higher in April, official data showed.

Published Apr 30, 2026, 6:16 AM EDT | WFMZZ

Eurozone economic growth dropped to near zero in the first three months of 2026. Surging energy costs, linked to the Middle East war, pushed inflation sharply higher in April, according to data released Thursday.