Conjoncture flash May 2026: Europe in a better position to face the new energy shock
Second-quarter GDP growth in the eurozone provided further evidence of the recovery observed in the previous quarter. However, more negative signals are beginning to emerge as we enter the summer (including in Luxembourg), pointing to a less buoyant climate than previously expected.
- Rising sovereign yields
- Net inflows continue to rise in investment funds
- Banks expect a decline in mortgage lending
- Residential building permits fell further in 2025
- More AI, fewer jobs?
- Rise in agricultural producer prices
- A lower-than-expected public balance
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